How have only 500K people viewed this in the past 3+ years? It's literally a competitive advantage to be in the 500K group of people that have viewed this presentation!
One of the best talks I’ve seen on startups. And a clinic on how to present material. I’m just left to wonder how much younger he could have looked in 2006.
The part which resonates with me the most is, we like to say "This is so hard but it's because we are doing hard things". It does not always hold especially on PMF part. If you are feeling every step being hard, it implies you are not doing right. The right feeling is everything should be easy.
00:00:00 - Introduction to David Rusenko and Weebly 00:01:12 - Weebly's Early Journey and Initial Struggles 00:02:49 - Early Days and Applying to Y Combinator 00:04:19 - First Press Spike and Moving to San Francisco 00:06:14 - Continued Struggles and Early Traction 00:09:20 - Defining Product Market Fit 00:09:52 - Stages of a Company and Initial Product Market Fit Search 00:11:23 - Hardest Challenges in a Startup 00:12:23 - Creating a New Market 00:13:57 - Finding a Hidden Need and Customer Insights 00:16:06 - Building a Remarkable Product 00:16:33 - Step-by-Step Process to Achieve Product Market Fit 00:17:35 - Listening to Customers and Rapid Prototyping 00:18:57 - Testing Solutions with Customers 00:20:16 - Keep Burn Low and Build a Quick Iteration Team 00:20:51 - User Experience (UX) Testing Sessions 00:24:07 - Minimum Remarkable Product and When to Launch 00:27:08 - Prioritizing and Optimizing for Learning 00:29:39 - Key Metrics for Product Market Fit 00:32:00 - Importance of Active Users Over Signups 00:33:23 - Beyond Product Market Fit: Scaling and Building a Brand 00:34:18 - Product Market Channel Model Fit 00:35:40 - Scaling the Team After Product Market Fit 00:37:03 - Building a Brand Around a Fundamental Insight 00:39:03 - Conclusion and Q&A Session
That moment when in front of 1000 people you can name and shame the dude who wrote you off in front of a 1000 people and you do that so nonchalantly and casually that you do not even acknowledge the dude's worth. Pure savage! That is success 🏆🏅👑.
Product market fit is key, even if it’s one simple function that works better than anything else out there. Continuously iterate, building and engaging in unbiased user testing. When there is product market fit, growth will be positive and rapid without any ad spending required.
He points out the importance of Product Market Fit very well. What I dislike is he seems to present people a recipe how to get there, meaning he has found the truth to the problem of Product Market fit. It is way more nuanced & complicated than to simply score high on NPS. Michael Seibel's way of cleaning up the misconceptions people have on founding a company is much more of a guidance, at least for me. Nonetheless great insights by Rusenko (to keep it short).
What is the idea of Weebly ? Website creation ? Hosting ? That idea existed ever since internet was existed. There were dozens of website creation platforms even back in 1999s. Weebly just took the same idea and modernized it with refreshed design. It was a matter of accessing the capital and only a few people has that privilege in the whole world.
This is so helpful and intense. Full run of the video is more 3-4 hours since this is condensed into 1 as David speaks real fast (common trait of the VC/entrepreneurs)
I would be interested in how to acquiring customers. This is the ultimate challenge. You can have the best and the worst product but you need customers to develop it into something valuable!
If I had to recommend just one talk about startups to someone, this would be it! This guy is such a natural presenter and so practical. Kudos!
100% agree
He probably rehearsed for weeks...
Stoped at minute 6 - so lame
How have only 500K people viewed this in the past 3+ years?
It's literally a competitive advantage to be in the 500K group of people that have viewed this presentation!
That explains the high volume of shitty product pitches we see in the majority of tech/startup/innovation conferences.
It's an hour long on TH-cam.
If you wanna be an entrepeneur you could literally throw away 5 years of college instead of this masterpiece seminar, no joke.
I think he meant the first line of code was done in 2006, not 2016.
How can a CEO quote 2016 as 12 years ago??
If you got 300 million you will know
People, we're living in the future. It's 2028.
@@AlexRosier No, YC is just backcasting to 2018. They issued a memo about this back in 2027, but not everybody saw it.
fix your system clock, it's 2029
I love how he summarizes every question before answering to it ❤️
R u from Kazakhstan?
No, I’m from Kyrgyzstan
@@danilkoshuev7075 And how is it going after a year? Has found product market fit?
By far one of the best talks on Product Market Fit. You'll know when you're here when every piece of this talk resonates.
Just randomly came accross this and truly the best startup talk I have heard. Great getting away from the theoretical and in to the practical.
This is the best one so far in the series.
One of the best talks I’ve seen on startups. And a clinic on how to present material. I’m just left to wonder how much younger he could have looked in 2006.
Damn, this talk made me feel better about my startup
Thank you very much, this is what I’m looking for a long time!
th-cam.com/video/gFhXs0CO3Ns/w-d-xo.html
How is it going?
Yeah, how is it going?
@@ngannguyenkim2599 Closing our seed round. It is going forward
@@IcaroVolera Great job man!
This is the BEST seminar i've ever watched! thank you
The part which resonates with me the most is, we like to say "This is so hard but it's because we are doing hard things". It does not always hold especially on PMF part. If you are feeling every step being hard, it implies you are not doing right. The right feeling is everything should be easy.
This session is on repeat. David is a genius. A great business man.
00:00:00 - Introduction to David Rusenko and Weebly
00:01:12 - Weebly's Early Journey and Initial Struggles
00:02:49 - Early Days and Applying to Y Combinator
00:04:19 - First Press Spike and Moving to San Francisco
00:06:14 - Continued Struggles and Early Traction
00:09:20 - Defining Product Market Fit
00:09:52 - Stages of a Company and Initial Product Market Fit Search
00:11:23 - Hardest Challenges in a Startup
00:12:23 - Creating a New Market
00:13:57 - Finding a Hidden Need and Customer Insights
00:16:06 - Building a Remarkable Product
00:16:33 - Step-by-Step Process to Achieve Product Market Fit
00:17:35 - Listening to Customers and Rapid Prototyping
00:18:57 - Testing Solutions with Customers
00:20:16 - Keep Burn Low and Build a Quick Iteration Team
00:20:51 - User Experience (UX) Testing Sessions
00:24:07 - Minimum Remarkable Product and When to Launch
00:27:08 - Prioritizing and Optimizing for Learning
00:29:39 - Key Metrics for Product Market Fit
00:32:00 - Importance of Active Users Over Signups
00:33:23 - Beyond Product Market Fit: Scaling and Building a Brand
00:34:18 - Product Market Channel Model Fit
00:35:40 - Scaling the Team After Product Market Fit
00:37:03 - Building a Brand Around a Fundamental Insight
00:39:03 - Conclusion and Q&A Session
Awesome! The phrase i loved the most was " Minimum Remarkable Product".
Now I understand why most people aren't successful, only 100k views . This TH-cam channel is better than Harvard
1 hour of water
This is probably the best video in the entire YC library!
This is the best video on YCs TH-cam channel. But y’all not paying attention.
The fact that this is free is insane
This is gold! I have been over cooking my products and not focusing properly on the process. Great advice that I'll align too.
That moment when in front of 1000 people you can name and shame the dude who wrote you off in front of a 1000 people and you do that so nonchalantly and casually that you do not even acknowledge the dude's worth. Pure savage! That is success 🏆🏅👑.
What a smart and humble guy. Much admiration.
This is a brilliant talk!
Cleared up so many things for me.
Thank you David & YC!
One of the best YC talks ever. So many lessons.
Most talks about product market fix is vague. Love how detailed this is.
Product market fit is key, even if it’s one simple function that works better than anything else out there. Continuously iterate, building and engaging in unbiased user testing. When there is product market fit, growth will be positive and rapid without any ad spending required.
One of the most valuable videos on TH-cam right here.
it's good that David repeat the questions from audience, i hardly can't hear their questions
This contains not just one but several actually useful thoughts . Go watch till the end, you won't regret it.
35:10 "Listen to the problems but don't ignore their solutions!" Don't ignore! Listen to their solutions to better understand their problem.
best talk so far. Very informative.
Sam Altman's "How to succeed with a Startup" is also incredibly good
First time to understand the difference between market fit and product market fit. Thank you very much.
He nailed every single part of this. Very impressive.
David Rusenko is so great person, giving this great and informative video. Thank you!
He points out the importance of Product Market Fit very well. What I dislike is he seems to present people a recipe how to get there, meaning he has found the truth to the problem of Product Market fit. It is way more nuanced & complicated than to simply score high on NPS. Michael Seibel's way of cleaning up the misconceptions people have on founding a company is much more of a guidance, at least for me. Nonetheless great insights by Rusenko (to keep it short).
R.I.P David. Gone way before your time.
THIS IS ABSOLUTE GOLD
Omg one of the best video over the internet… gold information
Really enjoying listening to this talk. Best.
What is the idea of Weebly ? Website creation ? Hosting ? That idea existed ever since internet was existed. There were dozens of website creation platforms even back in 1999s. Weebly just took the same idea and modernized it with refreshed design. It was a matter of accessing the capital and only a few people has that privilege in the whole world.
Thanks for putting these great contents on your channel. It feels like in an accelerator.
Learnt so much from this video. So much lesson to learn and I am actually through this phase. This is what value looks like
This is so helpful and intense. Full run of the video is more 3-4 hours since this is condensed into 1 as David speaks real fast (common trait of the VC/entrepreneurs)
i literally just fall in love with this guy's thought process, so freakin relatable!
Very interesting and useful presentation!
this is great and very helpful for start up and existing companies which needs pivoting because of decliing sales
Simply insightful. Thanks for making this public.
My new answer for "Who's your favorite entrepreneur?": David Rusenko
Very thorough lecture. Really impressed
Great Business advice.
Keep up the good work.
Thank You,
Natasha Samuel
Very insightful video. This is definitely worth transcribing.
One of the best product fit session out there!
Thank your so much David and y combinator for this knowledge
This presentation is wonderful, very useful.
Brilliant talk, brilliant speaker!
Cool! Thanks for the great info...
What a bright young man.
I love your explanation and simple slides with awesome data sir!
Thank you for very useful speech!
Such an insightful talk by David Rusenko. Thank you so much.
This was a great talk. I enjoyed it. Thanks YC!
Engaging speaker, tons of great info.
Very informative video. Thank you for the presentation easy to understand.
9:00
What caused the product market fit to catch?
I'm really curious what they (Weebly) were doing wrong and how they changed that things to achieve product market fit
Thank you for your insight. Such clarity in a nutshell. You are genial !!
I would be interested in how to acquiring customers. This is the ultimate challenge. You can have the best and the worst product but you need customers to develop it into something valuable!
You recruit them manually as paul graham has said
Thank you for the super helpful insights!
I wish I can like this video more than once like on Medium
thank YC & David, it is very helpful
where did he get the 27 iterations from? i'm very curious...
Best YC talk!
Best video I’ve seen on the topic.
Really great insights. Any idea if y combinator has market fit video for b2b startups?
Phenomenal! Super informative and straight to the point!
I really enjoyed this talk, really well done, thanks!
This was awesome. Thank-you David.
great talk. Thank you for sharing this
This was very hands-on and helpfull
What should be the retention rate ?
I liked the idea of Minimum Remarkable Product in place of Minimum Viable Product
wait. @1:54 He said he wrote the first line of code 12 years ago - in 2016 ?
I think he meant 2006
Later in the 2nd slide or so he writes 2006.
how and where can i find my CTO for a startup company CEO/founder ? and may shares do i need give my CTO ??
For rapid prototyping help I'd recommend Pretotyping techniques like Albert Savoia suggests
Amazing insights
great speaker with great experience!
Thank you David! So much value in this lecture.
42:30
Optimist
Determination
Sure useful and interesting!! Thank you!
Fantastic information ! Thank you
What year are we in again?
Insanely great ! Thank you !
You are awesome. Thanks for the insight.
hi,he hasn't talked about any a advertisement ,im supposing the growth its word of mouth/organic???thanks, i love all the videos!!
This talk is really good.
Love the terse examples and stories throughout the video.
Iolite
What a great lecture!
David is fantastic.
Cool! Can't wait to watch the talk from gustaf
This one was a great one
Who and what does David cite at 34:00 ?