Jordan Bester

- Never forget that today’s hyper-empowered customer knows how an amazing customer experience feels like by dealing with companies like Amazon, Netflix and Apple.

" Mundane as it sounds, that's the most powerful motivator of all, not just in startups, but in most ambitious undertakings: to be genuinely interested in what you're building. This is what really drives billionaires, or at least the ones who become billionaires from starting companies. The company is their project. "

" an honest assessment of customer acquisition cost looks at the length of your sales cycle, how many customers are truly new customers (as opposed to returning customers), and the total costs and resources required to support marketing efforts that lead to new customer acquisition. "

What is Web3: A brief introduction to Web3 and why it’s important.

Blockchain basics: blockchain underpins all of Web3, these articles help you understand the basics.

User problems Web3 can solve: Moving from a helicopter view to specific problems that Web3 can solve for users.

Areas within Web3: the different areas of Web3 that you can dig

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-  Constraints force you to get something done. Ask yourself - "  What constraints are you setting for yourself?  What type of schedule do you have for your goals?" 

“I’m also very skeptical of a group discussion with more than eight people in the group. 10 is the max I’d recommend. Any higher than that, and there’s just no way everyone will feel like they have an opportunity to contribute. If you’re okay with more people passively participating, you can go bigger."

The main advantage of Web 3 is that it attempts to address the biggest problem that has resulted from Web 2: the collection of personal data by private networks which are then sold to advertisers or potentially even stolen by hackers.

That, not exploiting people, is the defining quality of people who become billionaires from starting companies. So that's what YC looks for in founders: authenticity.