ABOUT THIS EPISODE
144 – Startup School Week 3 Recap – Anu Hariharan and Adora Cheung
We’ve cut down the third week of lectures to be even shorter and combined them into one podcast.
First, a lecture from Anu Hariharan. Anu is a partner at YC. Her lecture covers nine common startup business models and the metrics investors want to see for each.
Then, a Q&A with Anu and Adora Cheung. Adora is also at partner at YC. During their Q&A they’ll answer questions from Startup School Founders on how investors evaluate startups.
Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.
Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/
Topics
00:00 – Intro
00:39 – Anu Hariharan on Nine Business Models and the Metrics Investors Want
1:44 – Enterprise
4:09 – SAAS
8:55 – Subscription
11:33 – Transactional
14:44 – Marketplace
19:04 – E-commerce
21:14 – Advertising
23:12 – Hardware
23:44 – Common mistakes
25:35 – Anu Hariharan and Adora Cheung on How Investors Measure Startups Q&A
26:07 – Team, product market fit, and market opportunity
27:10 – What if the founder doesn’t have experience in the are in which they’re building a product?
28:19 – How do investors know you’re moving fast?
29:40 – Local vs remote
30:40 – Evaluating solo founders
31:45 – Clarity of thought
33:35 – International founders
35:17 – Solo founders
36:21 – Should I fundraise?
38:33 – How does an investor evaluate a company with a heavy MVP?
39:36 – How do you avoid investors who say “it’s too early for us”?
40:06 – Is it sensible to engage with investors before product market fit?
40:26 – How do you find the perfect investor?
41:21 – What are the best approaches for minority female founders to gain visibility within VC?
42:36 – How do investors come up with valuations?
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