How To Compete With Amazon and Google
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- Опубліковано 11 чер 2024
- Step inside the Group Partner Lounge to hear Y Combinator Group Partners Harj Taggar, Michael Seibel and Brad Flora discuss the traps founders often fall into when looking at the competition. They identify the particular types of companies you should watch out for and many more you are wasting your time worrying about.
Apply to Y Combinator: www.ycombinator.com/apply/
Work at a startup: www.ycombinator.com/jobs
Chapters (Powered by bit.ly/chapterme-yc) -
00:00 - Competitors
00:51 - Fear of the Competition
01:42 - Lies Founders Tell Themselves
02:32 - Most Common Outcomes
03:28 - Perception vs Reality
06:57 - Copycats - Twitch
08:15 - Back to Basics
08:50 - Real Competitive Concerns
09:40 - A Better Product - Socialcam
10:14 - Structural Advantages - Kiko and Perfect Audience
11:20 - "Good Enough" example - Microsoft Teams and Slack
12:30 - FAANG Fails
13:40 - Instacart vs Amazon
14:16 - Cruise vs Google
15:00 - Build a Better Product
#ycombinator #startups #competition #bigtech - Наука та технологія
What mental traps do you fall into when looking around at the competition?
Fundraising story
Building a product for a market that already has a lot of products, but there is no clear/big winners. It is daunting to think that your product is going to pass through all of those graves.
How true 👏 😅
Over-estimating them.
Chapters (Powered by ChapterMe) -
00:00 - Competitors
00:51 - Fear of the Competition
01:42 - Lies Founders Tell Themselves
02:32 - Most Common Outcomes
03:28 - Perception vs Reality
06:57 - Copycats - Twitch
08:15 - Back to Basics
08:50 - Real Competitive Concerns
09:40 - A Better Product - Socialcam
10:14 - Structural Advantages - Kiko and Perfect Audience
11:20 - "Good Enough" example - Microsoft Teams and Slack
12:30 - FAANG Fails
13:40 - Instacart vs Amazon
14:16 - Cruise vs Google
15:00 - Build a Better Product
Why no tshirt print biz?
This was timely, we are at a point in our company where the competition who recently raised 7 figures and pumping most of the money into ads have given us some concerns... yet our numbers are good and we seem to be making better product decisions inspite no funding round or big media publicity yet.
Excellent! Keep up the good work, @Okeh
The truth is you aren't competing against Amazon, you're competing against a junior product manager who works at Amazon. Once you realise that the challenge is far less daunting.
Definitely felt the fear/pain of 'looking over at competitors' super super keenly - especially the point of seeing them raise a mammoth Series A, and being like "that's it *kicks over table* ...it's all over!"
I think that the piece on talking to users and having that intimate understanding of their problem is so understated - almost like this solves the paradigm of watching a competitor blow up too, but knowing that despite the alarm bells ringing, you're still solving user problems and providing value.
These guys are therapists for tech startups
Needed to hear this this week. Thank you 🙏🏾
Sounds similar to Tesla strategy - focus on the product, constantly improve the product. Competitors are constantly creating new products [new engines, new body style, new seats etc.] Tesla focus on product to scale production which cuts costs and leads to best profit margin in the vehicle industry.
Elon Musk was also a millionaire before he acquired Tesla, his capital allowed his company to scale an amount about 99% of the population wouldn’t be able to do without venture capital, loans, etc
You mean Ford or other motor companies ?
Ty ygy
Thnx to the admin for making such a great job on YC lists. Super easy to navigate them
I wrote a piece about similar worries as a startup founder on Medium (London Lowmanstone - "Network Effects are Software’s Defensible Moat"). So great to see people who have actually talked to so many different startups and can give examples of failures and successes and the ratio that's actually seen in the world, rather than guesses based out of fear.
Love it guys! Keep up the great work!!
Awesome insights! Wish I had heard this a year or so back!!
Finally a new video! Can't wait!
great video right on time when i needed it.
When big companies try to copy features or products a lot of times they don’t get it quite right because of all the politics and bureaucracy in their organizations. Those things can dilute a great idea.
thx for the insight Derek!
That's great! Thank you.
These videos cut deep and I keep coming back for more.
Great video for startup
Hey YC Team,
Please do a case study on Fast in the next week or two. Would love to hear your take and deep dive on what happened and some learnings for us all from the whole episode.
"They have replaced their enthusiasm and replaced it with fear" - This is a 10000% true
Amazing and simple. Build a better product and really care about the customer, because FANG will only scratch the surface and won’t go above and beyond
How about if it's 1990 or the early 1990's and you want to build an online encyclopedia (edited by both companies and individuals). Microsoft already has an encyclopedia on CD or DVD. Wouldn't you think they would take the encyclopedia online.
Hey ycombinator admin, would you mind creating playlist for partner lounge series? So I don't need to check it out every time. :)
Already done :)
ua-cam.com/play/PLQ-uHSnFig5M3hh2-t0847rxhrfd7Wdtj.html
Great content
Holy cow how this could have so few views? This is gold
Reminds me of the Monopoly story. I think Mervin Gardens is till date wrongly spelled because it was wrongly spelled in the originally game!
13:27 that is a good point
Hello I want to know how startup company can tie up with big companies for any purpose of startup like API, some information, etc
. . . Yes, yes, . . . When Brad Flora brings it back to simply "building a better product" as the priority, rather than the other structural aspects . . .
#Awesome
are you guys using riverside for this video?
thats free publicity bro. They are not going to do it!!
Google drive vs dropbox? Google meet vs Zoom? Why are the two different? Why dropbox was affected by drive more than how zoom was affected by meet?
when the problem is small but growing, large companies may ignore it for a long enough time for you to build another unicorn)
8:00 when Twitch turned around
15:00 You need a better product
Changed the title lol
I Reject Death as a certainty. Y canit I just back up my brain live online until i can come back alive offline.
.
Amazon actually won in cloud but there were not even close to number 1 in cloud when cloud startups started. Structural advantage sucks.
Wanna join a desi community for this y'all? Ping me
You don't beat big tech
You become 1 😛
Cameras are too zoomed in, IMHO
The indian guy: "ipods are a waste of money." 😄
No my way to be the next Amazon
I am the first commenter, that's how much dedicated I am, take me in yc or you will be cursed 😶🌫️
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If you are a citizen We would like to know the problems that are occurring.
Write us....
what you mean?
Teams >> Slack
Over Time. Microsoft teams has become the very good, the intergration with the email, calendar and other MS product is best.
When i see google search….all i see is Yahoo! Search 2000 drenched in payola
Are you being lead by fear, or love?
What do you mean by love?
@@kolacao8134 just caring about user's problems and solving them.