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YC Partner Kevin Hale walks us through the process of evaluating ideas and how founders should think about their startups. Startup School is YC's free online program for founders. Sign up to access the full curriculum and over $100k in deals! https://www.startupschool.org/ Transcript and lecture slides here: https://www.ycombinator.com/library/6... This lecture is part of YC's Startup School, a free online program and global community of founders. Register and join the community at https://www.startupschool.org/ *** Topics 0.00 - Why we're starting with evaluating ideas 1:25 - YC doesn't just fund companies with traction 2:50 - How can I predict if an investor will like my idea? 5:15 - A startup idea is a hypothesis 6:55 - The problem 10:55 - The solution 12:35 - The insight 14:00 - Founder's unfair advantage 15:00 - Market growing 20% a year 15:40 - Product 10x better 16:30 - Acquisition model 17:55 - Monopoly 18:50 - Threshold belief 19:10 - Miracle belief 20:10 - Example: YC 23:20 - Example: Wufoo