Stephan pfp
Stephan
@stephancill
Didn’t YC themselves say ideas that are just “X for Y” typically ngmi?
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shazow pfp
shazow
@shazow.eth
I think that's confusing what YC actually said. "X for Y" is a fine shorthand when explaining something, but the goal should be to become X other people use when they say "X for Y".
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Stephan pfp
Stephan
@stephancill
something about needing to describe your startup in terms of another startup has ngmi energy
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KMac pfp
KMac
@kmacb.eth
💯 on the vibe, very beta Seeing all these listed out make me wonder if single purpose apps have peaked.
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shazow pfp
shazow
@shazow.eth
Exercise: How do you describe Ethereum in 3-4 words to 1. A rando 2. A Bitcoin maxi 3. A VC
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KMac pfp
KMac
@kmacb.eth
Programmable money 🫳🎤
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KMac pfp
KMac
@kmacb.eth
@shazow.eth you gave me an easy one. It’s def not an easy problem to solve.
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shazow pfp
shazow
@shazow.eth
Bitcoin maxi would not get it lol, YOU CAN PROGRAM BITCOIN VC wouldn't get it because it's unclear how it distinguishes their bags Rando may or may not get it depending on context they have wrt fiat, stripe, programming
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KMac pfp
KMac
@kmacb.eth
This is where we are probably miscommunicating or in disagreement. It’s the category that needs to get anchored in people’s mind first then the positioning within the category. Idk what the prompt on the form was so maybe these folks were just following directions. Whatever the case its beta vibes landing at this end.✌️
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shazow pfp
shazow
@shazow.eth
It's the most effective way to explain what pre-PMF 3~6 month old startup is to other peers in the cohort and to YC investors. That's all it is. When talking outside of that demographic (which is expecting this form factor), the reality is that there's no :mic-drop: moment. You keep iterating on your 1-2 sentence pitch with every single person you talk to, you go through hundreds of versions, find ones that work better with some people and others that work with other people. Until you've found PMF, you're probably not sticking with one. I'm just explaining this from the context of having been through YC, because it can be hard to understand if someone who is not the target audience for that description. Also don't forget that there's like 60% odds they're going to pivot to something completely different in under a year.
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