Looks like you didn't read the first sentence.
"Elon Musk is an amazing entrepreneur but as a World Savior he is probably the World’s most OverRated."
HN user
Looks like you didn't read the first sentence.
"Elon Musk is an amazing entrepreneur but as a World Savior he is probably the World’s most OverRated."
I posted it earlier myself and it got 5 upvote points but then was flagged.
ok, didn't know that. Asking the friend who posted for me to correct it.
hey, I'm the author...and that was actually the point. I deemed it worthy to try to dial up the intensity of the tone to be heard, as I figured I would be ignored otherwise.
And then intended to eloquently converse in the comments.
The goal of igniting the conversation was achieved as the facebook thread got almost 300 comments.
We just wrote up a more detailed post here http://news.ycombinator.com/item?id=2952799
We elaborate on what to do in the efficiency stage both in the report and in the benchmarking tool https://beta.startupgenome.cc/
That's correct. All startups in our dataset we're at least active between Feb 2010 and May 2010 when we started collecting data.
The initial idea isn't that important. Entrepreneurs change their idea all the time. In the report we show that consistent companies or ones that scale properly, are more focused on discovering whether their idea makes sense where as companies that scale prematurely are more focused on validating that they are right. And as far as personality, while it's an interesting variable to look at in the future, in the end of the day we just look at whether the company produces results regardless of their predisposition. It's also common wisdom that there are many different kinds of entrepreneurs that have been successful.
The question is whether the founders are capable. Do you think 98% of founders are incapable of creating something useful?
Hey Max here...one of the authors of the study,
Our study contains startups that are in stages across the board, (Discovery, Validation, Efficiency, Scale).
While many of the YC startups don't reach the Scale stage, and maybe don't scale up their team or or raise too much money, they can still prematurely scale the product by over-engineering the product and not doing enough customer development. There are more nuanced case of premature scaling that are also discussed in the report.
that wasn't the right link. The link after the form here works: http://startupgenome.cc/pages/startup-genome-report-1
New YCombinator Alumni Program—Feedback wanted from YC Companies
(Correction for the title — it was somehow automatically retitled, but I can't repost)