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How To Find A Cofounder - Kat Manalac | Vidit Aatrey On Building Meesho, - At Up-Tube.com

How to Find a Cofounder - Kat Manalac Vidit Aatrey on Building Meesho, 1 day ago   04:08

Y Combinator
YC Partner Kat Manalac on how to find a cofounder, where cofounders from top YC companies met, what YC looks for in cofounding teams, how to split equity with a cofounder, and do you need a cofounder at all?

https://twitter.com/katmanalac

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/

Comments 35 Comments

Y Combinator
Topics
00:34 - Do you need a cofounder?
1:07 - Where do most cofounders meet?
2:04 - What does YC look for in a cofounding team?
2:35 - Why we like to see an even equity split between cofounders
aemeric English
1. Do i need a co-founder?
Top 50 succes have co founder

2. Where?
Undergraduate years

3. What Y-combinator team suggest?
Balance team

4. Why Y combinator like see teams -with an equal equity split
-willing to work for 8-10years
-full time
Donna Purcell
I choose the light and love. The Love Dare
razamobin
amazing video, thanks Kat!
Helena GG
Thank you. It was super insightful. This short, to the point style of video making is very interesting to the audience.
Silas adedoyin
This seems more statistical than an actual advice
Real Status
Only 6% of YC companies have a solo founder BECAUSE you discrimate solo founders! If they say that are solo founder right from the beginning of application you will not even look at their video. And you do this knowing that VCs do the same discrimination. So why bother with solo founders if no one will "buy" them from you?!

I could bet that those 6% of solo founders are previous success founders or "Stanford dropouts", who are easy to sell further...

PS: very sad that you had to say that. I really admire you, Kat.
SamT
Looking at equal equity split, wow great share of insights
LA L
You don’t . Just do the business
anurag sharma
I have been adviced to not split equity equally
Sondre7
This is great and super useful!
Defiro Media
So, that is clear, if you don't have a co-founder, you won't get funded by YC. No matter the startup you are building, you have to give half of it to a co-founder. Kat is very open and I think it should be put in the application form: we fund only teams. Conclusion, build something people want, find market fit, grow steady.
Cody Arsenault
So helpful, thank you so much! Dig this style!
Simon Bottkjaer
Looking for a co-founder? Visit Unifounder.dk to find one
W.
30sec intro what the vid is about and a conclusion, for a 5 min vid 🤷🏾‍♂️ 🤷🏾‍♂️

Personally i feel they shoulda went straight for the kill. Good content thou ✌️
USC Founder Central Initiative
Good advice except on equity splits. Splitting equity early and equally is the single worst way to handle ownership. Shrugging your shoulders and just splitting equity 1/n because that seems easy and "fair" (whatever that means) will haunt you as the business scales.
Yoann Buzenet
Thanks for the vidéo !
srebrnimedved
SoYcombinator (under Altman) should bring back Paul Graham from retirement
vallas
ok but how do you get a visa to meet students as a college dropout?
Will B
how to find a cofounder: be smarter than everyone already, come from money, and go to the right schools. :)
Add Reply

Vidit Aatrey on Building Meesho, How to Find a Cofounder - Kat Manalac 1 day ago   01:31

Vidit Aatrey is cofounder and CEO of Meesho. Meesho is a platform in India that allows people to resell products using their social networks. They were in the Summer 2016 batch of YC and you can check them out at Meesho.com.

https://twitter.com/viditaatrey
https://meesho.com/

Adora Cheung is a Partner at YC. Before working at YC she cofounded Homejoy.

https://twitter.com/nolimits

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

00:45 - What is Meesho?

2:45 - Why not just sell directly to consumers?

4:30 - What are the macro trends in Meesho's favor in India?

6:55 - A trust deficit market

8:20 - How does Meesho help users get online and start selling?

11:10 - Most impactful user stories

13:15 - Growth drivers

15:15 - Balancing growth and quality

16:50 - What if Facebook copies Meesho?

18:15 - When did Vidit and his cofounder know they wanted to start a startup?

20:45 - Their first startup idea and the inspiration for Meesho

25:05 - When did they know Meesho was working?

26:45 - How hard was it to pivot the business and how did they manage it?

29:30 - As a CEO how does he stay in touch with users?

34:15 - How has Vidit's role changed over time?

36:20 - How has he learned to be a CEO?

37:55 - What mistakes have they made?

39:00 - What was his best decision?

39:40 - What's a strong opinion he had about running a startup that he's changed since running Meesho?

41:10 - How has the Indian startup ecosystem evolved?

42:45 - Big problems worth solving in India

42:30 - Can foreigners come to India and start a startup?

44:35 - Best advice for aspiring Indian founders

45:45 - After Meesho, what's the most exciting startup in India?

46:45 - Why is Delhi the best IIT?

47:40 - What's a must read book and why?

48:35 - What's a startup idea he'd be working on if Meesho didn't happen?

48:50 - In 100 years, what does he hope Meesho is?