UNIVARSITY.ORG | Lecture 1 – How to Start a Startup (Sam Altman, Dustin Moskovitz)
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13 Dec Lecture 1 – How to Start a Startup (Sam Altman, Dustin Moskovitz)



Lecture Transcript: http://tech.genius.com/Sam-altman-lecture-1-how-to-start-a-startup-annotated

Sam Altman, President of Y Combinator, and Dustin Moskovitz, Cofounder of Facebook, Asana, and Good Ventures, kick off the How to Start a Startup Course. Sam covers the first 2 of the 4 Key Areas: Ideas, Products, Teams and Execution; and Dustin discusses Why to Start a Startup.

See the slides and readings at startupclass.samaltman.com/courses/lec01/

Discuss this lecture: https://startupclass.co/courses/how-to-start-a-startup/lectures/64030

This video is under Creative Commons license: http://creativecommons.org/licenses/by-nc-nd/2.5/

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MOST RECENT COMMENTS
49 Comments
  • Farhan Ahmed
    Posted at 20:11h, 13 December

    I love u Dustin Moskovitz.U r really a true inspiration.

  • Craig Smith
    Posted at 20:11h, 13 December

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  • Akash Kumar
    Posted at 20:11h, 13 December

    Best lecture ever

  • Valle
    Posted at 20:11h, 13 December

    Definitely, great content. Thanks! Having said that, the presenter is a bit disconcerting; in particular for a lecture on entrepreneurship. If you close your eyes, Altman sounds like Mark Zuckerberg. Strangely, he has the same voice cadence.

  • Max Wehrmann
    Posted at 20:11h, 13 December

    100.000 🙂

  • Alec Dickinson
    Posted at 20:11h, 13 December

    Almost 5 years since this was posted and it's still great material and as relevant as the day it was posted. Priceless.

  • Mariam Sargsyan
    Posted at 20:11h, 13 December

    The whole lecture by Sam Altman has a huge mission and message which is to explain the difference between to have a startup and to do a startup. As the professor mentioned in the lecture, for the startup there are four useful and important components; idea, product, team and execution. During the lecture the professor gave many advice and useful things.

    “Create and build something that you need, otherwise it would be very difficult” said the professor. I can make an argument about this opinion based my own experience. Indeed, I cannot really deny by 100 percents but I can oppose. For example, I am a business person who does everything related to business at Smart Green Startup. Smart Green mainly does greenhouse monitoring. Frankly speaking, I enjoy working for the Smart Green, in spite of the fact that I do not need that product because I do not have a greenhouse. It is not hard to me to deal with Smart Green and I easily speak to customers and do sales who need the product. From my point of view, this is kind of arguable because startup depends not on the needs that I have but on the personal interests and abilities that I have.

  • ANSSUP MARKETING PVT LTD
    Posted at 20:11h, 13 December

    महोदय/ महोदया
    अखिल भारतीय और वैश्विक स्तर पे अपना बिजनेस बढ़ाना हुआ और भी आसान । अपनी खुद की वेबसाइट सेे जुड़ के आप होलसेल और रिटेल स्तर पे अपना बिजनेस दिन दुगना और रात चौगुना बढते देखिये।

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    ब आप और आपके सफलता के बीच की दूरियां जल्द से जल्द खत्म करने की पूरी कोशिश ।

    क मुफ्त में अपना सपना पूरा केरने की एक सुरुवात करेंगे।

    ड आपसे कुछभी छुपाया नही जाएगा और 100% पारदर्शकता रख्खी जाएगी।

    इ खुदही आप अपने काम के मालिक बनेंगे।

    हम सबने अंसुप मार्केटिंग कम्पनी की स्थापना की है की पूरी दुनिया मे लगभग सारी चिजो का अपना कारोबार बढ़ाने के लिए दोनो वेबसाइट और दो अप्प का निर्माण किया है।

    जिसमे आप को अपने नामपे एक विक्रेता के तौर से लॉगिन और पासवर्ड खोलना पड़ेगा जिससे आप कभीभी कहीभी कितनी बार भी प्रोडक्टस की जानकारी बदल सकते है।

    नीचे दिए लिंकस का इस्तमाल करके आप अपने बिजनेस की राजधानी एक्स्प्रेस दौड़ा सकते है।

    इस दौरान कभीबी किसी चीज की जरूरत पड़े तो बेझिझक कॉल या व्हाट्सएप्प करे
    आप का शुभ चिंतक।

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  • Ninja
    Posted at 20:11h, 13 December

    How to kill shinigami

  • Direito Digital em Portugal
    Posted at 20:11h, 13 December

    Great! Congrats for the channel!

  • James Parker
    Posted at 20:11h, 13 December

    I am so grateful to lutherangrants org .They got me a business grant of $55,000 for my startup.

  • SPOTLUXE
    Posted at 20:11h, 13 December

    How the hell this video got 1m view's

  • IBRAHIM AHMED_BACHA
    Posted at 20:11h, 13 December

    Find here my notes for this lecture.
    Lecture 1: How to Start a Startup

    Section 1: Ideas, Products, Teams and Execution Part I

    Four areas that we must excel at to maximize our chances to have a successful startup:

    – Idea:

    – Working on a good idea is very important and we should allocate a reasonable amount of time to find one.

    – Long term thinking is a huge advantage in startups.

    – Mission-orientd ideas are the ones who gets the maximum of focus, dedication and support.

    – Great ideas tend to look terrible at the beginning.

    – When evaluating an idea we must think of the size and especially the growth of the merket, the growth strategy for the company, the defensibility strategy and not just the product.

    – Product:
    – Build a product and get it as good as possible by talking to your users, nothing else matters.

    – Build something that a small number of people love rather than a big number of people like (my favorite part :)).

    – Start with something simple.

    – Find your users of the feedback cycle by hand and make them love the product.

    – The indicator of a great product is the growth.

    – Team:

    – Execution:

    Section 2: Why To Start A Startup

    – Starting a startup needs hard work, responsibility, dedication and commitment.

    – The most difficult skill to learn as a CEO is managing your own psychology.

    – Have a passion for the idea.

  • J Cobbs
    Posted at 20:11h, 13 December

    He has this terrible habit of smacking his lips.

  • Rinad AlZ
    Posted at 20:11h, 13 December

    18:28 why did they laugh? I don't get it.

  • Deepak Srinivas Mondal
    Posted at 20:11h, 13 December

    03:40 wow

  • Hanif Marwat
    Posted at 20:11h, 13 December

    How is he surviving in such tight t-shirt? 👕 😟

  • JL D
    Posted at 20:11h, 13 December

    Please elaborate more on "solve a problem". There're different levels of solving problems: some are temporal, some are superficial, some might introduce other problems, some might even exacerbate the original problem in the long run. It seems that problems are so linked in today's world that one can hardly solve one single problem profoundly without solving those other problems.

  • Varun Kedia
    Posted at 20:11h, 13 December

    Prostitution is the biggest startup. Change my mind.

  • mrebholz
    Posted at 20:11h, 13 December

    Singularity is finally there. In a few years though, they make them more emphatic, more approachable, more eloquent.

    It is gold indeed.

  • arun satyarth
    Posted at 20:11h, 13 December

    This lecture is great but always talks about billion dollar ideas. What if you just want to create a million dollar or a 500 thousand dollar idea?

  • Victor Fernando Gil Calderon
    Posted at 20:11h, 13 December

    La traduccion al español se corta en el minuto 8 y pico, aca les dejo este link de la charla en ingles traducida al español, es puro texto, no es audio

    https://translate.google.com/translate?sl=en&tl=es&js=y&prev=_t&hl=es&ie=UTF-8&u=https%3A%2F%2Fgenius.com%2FSam-altman-lecture-1-how-to-start-a-startup-annotated&edit-text=&act=url

  • Donlakorn Sai
    Posted at 20:11h, 13 December

    How ? can I download this presentation .

  • Mehrdad Helmi
    Posted at 20:11h, 13 December

    It's tribble!!! why the guy reading all the stuffs from papers!?!!!! Like he is reading newspaper in a very very bad way!!

  • O G
    Posted at 20:11h, 13 December

    "Anything with a small differentiator like "We're going to be x beautiful design" is going to fail."

    Nooo he just destroyed me. Why is that?

  • henok
    Posted at 20:11h, 13 December

    i would love it if there was a mindmap of this video

  • Kaleb Niven
    Posted at 20:11h, 13 December

    This is awesome thank you!!!

  • Adil Mohsunov
    Posted at 20:11h, 13 December
  • Vlad Storey
    Posted at 20:11h, 13 December

    It's gold. The most full and useful material about this topic I've ever read

  • Hello World
    Posted at 20:11h, 13 December

    The class is great, the only thing is that there is a guy cough all the time, what the fxxk is the stupid guy doing ??? Try to find sense of presence ? You should definitely kick that guy out …

  • Rafael Escobar
    Posted at 20:11h, 13 December

    take you to the candy shop duh duh duduhhhh

  • Derick Rogers
    Posted at 20:11h, 13 December

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  • Akshay Babar
    Posted at 20:11h, 13 December

    hey that's a really nice video we are a growing startup in Mumbai please check out- our channel too hey we are a https://www.youtube.com/channel/UCVRPX9xy0PywWn-TPQ-5gzA

  • Shawn Tsou
    Posted at 20:11h, 13 December

    Does anyone know the differences between this course and the ones in 2015 2016 or 2017?

  • Kedai Nasi
    Posted at 20:11h, 13 December

    Pivots doesn't turn you into big companies.

    Ouch…

  • Teenage Impact
    Posted at 20:11h, 13 December

    Go out there and ask successful entrepreneurs for advice

  • Bate martins
    Posted at 20:11h, 13 December

    Someone help me judge if the following idea is a great startup in my country cameroon:
    People tend to forget or misplace their ID cards and after a long search for it no success they tend to redo a new one and that costs so much money in my country.my solution to this problem is to create a startup that will be incharge of walking around the zones collecting missen ID from streets or from people who had found it on the street.Then later on we resell the ID to the owner.this holds true if the owner initially during our registration stage had registered and accepted our terms and services.Please i need help,moreover i have more ideas in my mind,someneone help me to live the life i wanna

  • TechStacker
    Posted at 20:11h, 13 December

    I know it sounds obvious, but damn you get so much more out of these lectures if you listen to them a couple of times — at least. Repetition helps to reinforce some of the key points and it makes it easier to actually apply their advice to my own work. The one with Kevin Hale was spectacular, and probably the lecture that most people should listen to if they struggle with UX Design.

  • ILikeExoticStuff
    Posted at 20:11h, 13 December

    After just watching multiple interviews with Jamie Dimon this is painful. Information is SUPER basic. If you've ever read and magazine like Inc. Magazine you've heard this.

  • Георгий Школьников
    Posted at 20:11h, 13 December

    I don’t like the way he is talking . Bad speaker. No motivation at all. Discouraged.

  • Armani Mitchell
    Posted at 20:11h, 13 December

    I needed this!! I am only in the idea phase of starting up a streetwear brand and I have been focusing so much time on networking and trying to find partners and a team when I need to be focused on my ideas, products, and executing. Thank you so much for this amazing lecture!

  • ghosi ghosi
    Posted at 20:11h, 13 December

    I like it very much

  • Vishal Gurung
    Posted at 20:11h, 13 December

    love this gold mine

  • Best of Hip Hop & RnB 4REAL
    Posted at 20:11h, 13 December

    Good reading skills !!!

    Right on !!!

  • Kaan M
    Posted at 20:11h, 13 December

    Please stop reading one sentence at a time, with the same drop in pitch at the end of each.

  • savage t Aesthetic Knight
    Posted at 20:11h, 13 December

    I'm just like trying to get a damn investment. I can't even discuss this shit right now. I'll flame up.

  • Alex Iceman
    Posted at 20:11h, 13 December

    Advice: just fucking do it.

  • Francesco Pisano
    Posted at 20:11h, 13 December

    the 100th Facebook's employee getting $200M? Math doesn't add up. According to my research, the 100th Facebook's employee (considering a 200B valuation) would get $15-40M pre-tax. and that's if you joined THE outsider + pretty early + in a senior role.

    I'm not sure what's the point of skewing the numbers like that. See Aaron Levie's lesson, he briefly talks about why not to startup an (enterprise) startup, but applies to any imho and it's much, much, much better.
    According to facts, there's no other way to become a billionaire from zero but to be a founder. If we consider 20-50M as being rich, that's another story tho.

    Dustin's part is for sure the worst of the series.

    Sam's content is on top as always tho.

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