Why Does Your Company Deserve More Money? by Michael Seibel

Michael Seibel is a partner and the CEO of YC. He cofounded Justin.tv, which was in the winter 2007 batch and Socialcam, which was in the winter 2012 batch. / mwseibel
In this video Michael comments on his essay Why Does Your Company Deserve More Money? blog.ycombinator.com/why-does...
The YC podcast is hosted by Craig Cannon - / craigcannon
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Topics
00:00 - Why Does Your Company Deserve More Money
1:00 - A team, a product, and an office are all just a means to an end
2:00 - If you don’t really deserve money, what is an alternate path to create leverage?
3:45 - Breaking even at Justin.tv was a moment of infinite clarity
6:00 - Series A program and leverage

[@christopherderrell8470]

Usually you can just show graphs and they'll know if it's really working. Love that Michael 💪. No extra fluff.

[@riche1248]

Michael’s talks have all been so good. Keep ‘em coming!

[@Sondre7]

This was great and true

[@antonycarles1499]

thank you

[@10DGjoHnSon]

A start up in an emerging or frontier market gets less funding but still survives and I still can't comprehend how someone blows a million dollars on a start up in THE Silicon Valley 😢😢 Omg

[@flesteyto_]

I live in Uzbekistan. The average developer's annual income is 6.000$ vs 110.000$ in San-Francisco. So with rough math 2m$ =~ 100k$ for emerging frontier