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Female Founders Conference - New York

Y CombinatorJuly 1, 20183h 38m
Topics54
Applause and Opening Remarks15:14Jessica Livingston Introduction and Y Combinator Origins16:30Personal Background and Childhood18:00Andover Experience and Dark Ages19:30Defining Character Traits20:31Early Career22:01Paul Graham and Startup World23:00Path to Founding YC24:30YC Launch and First Batch26:32Evolution and Core Program27:31Role as Non-Technical Founder29:33Investor Qualities for YC32:31Motivations and Flexibility35:30Organic Fit and Qualities37:30Key Message and Lessons39:02Transition to Fireside Chat43:34The Muse Introduction44:00Hiring as Force for Culture45:02Building Company Culture and Alignment46:19Hiring Your First Employees46:30Improving Diversity and Inclusion53:00Shared Values with External Partners55:01Blind Spots for Early Stage Founders as Company Grows59:30Introduction to Shan-Lyn Burna and Zola1:04:00Zola's Success Factors in Competitive Wedding Startup Landscape1:10:25Seed Round Story1:15:30Evolution of Pitching from Seed to $140M Raise1:18:31Co-Founder Relationship1:21:00Key Advice to Founders1:22:30Panel: Essential Startup Advice with Raham (App Deco), Alana (Bulletin), Tiffany (Human Utility)1:24:03Nonprofit Competition and Proving Efficiency1:37:05Product-Market Fit and First Hires1:38:00Staying Sane as Founders1:42:31Founder Relationships1:44:31Introduction of Maria Nurislamova and Sunbird1:47:34Sunbird Story: Year of Misery1:48:02Glimmer of Hope and Pivot to Subscription1:53:02Darkest Hour and Fundraising Struggles1:55:32YC Application and Fundraising Tactics1:58:33Maria's YC Experience and Conference Reflections2:00:59Life After YC: Key Lessons2:02:02Sber Update and YC Plug2:05:01Stephanie's Announcements2:05:38Introduction of Rashma Siva (Ginkgo Bioworks)2:30:09Rashma Siva: Ginkgo Bioworks Overview2:32:01Scaling Companies Advice2:34:30How to Scale: Raise Lots, Spend Smart2:36:01Need a Scrooge McDuck for Efficiency2:40:31Mission to Metrics Framework2:44:00Onstage Pitch Panel Introduction2:49:01Naira's Original Pitch to Holly2:50:30Adora's Repitch as Naira3:00:00YC Partners Q&A3:09:42Closing Announcements3:33:01
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[Applause at 15:14, 15:31, 16:01]. Hi everyone, good afternoon. Nice and cool inside, thank goodness. Lived in New York more than 20 years ago; this brings back summers on the subway, so hot. Thank you for braving the heatwave on a Saturday afternoon. Excited; fifth year of Female Founders Conference, first time in New York.

I'm Jessica Livingston, co-founded Y Combinator (YC), the first accelerator. In 2005, unusual; regarded as irrelevant in Silicon Valley. YC began with hypothesis people wanted; they did, grew. Funded more than 1,800 startups, total value over $100 billion.

Having been through startup journey, wanted to tell my story. Media impression: contribution is being Paul Graham's wife; love being his wife, but more to the story.

Born Minneapolis 1971; mother left home later that year. Father took me to Boston to live with grandmother during week while he worked, with dad on weekends. Grandmother most important female role model: independent, free spirit. Built giant ice sculptures in front yard after putting me to bed; did what she wanted, didn't care if unconventional.

Despite no mother, happy childhood. Dad sacrificed for great education, constantly encouraged. Played soccer young; 9th grade away game at Philips Academy Andover, decided to go there.

At old school, big fish in small pond: straight A student, good at sports. At Andover fall 1986, everyone straight A and good at sports; discouraged, gave up. Mediocre student, nothing impressive for next decade: personal Dark Ages, embarrassing but important to mention.

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