Dalton Caldwell and Michael Seibel talk about the importance of understanding incentives and doing research when it comes to building a world-changing startup.

To create Rookies Mistakes we asked YC founders: Is there a simple fact you wish you knew when you started your company or a rookie mistake you wish you could take back?

Chapters (Powered by https://bit.ly/chapterme-yc) -
00:00 - Rookie Mistakes
00:56 - Note from YC founder
01:11 - Product ideas - People who forced the universe to their will
01:30 - Sales vs Debate - Hard to force people to want what you are selling
02:13 - Just remove X
03:22 - Hiring startup
05:50 - Incentives - Understand the motivation of key parties
09:07 - Note from YC founder
09:26 - Research
10:31 - Young founder issue
10:51 - Asking friends
11:07 - Psychological
12:52 - Platforms change faster than human problem
14:39 - Isn't expert advisor validation enough?