How to Choose Your Startup Idea

Greg McAdoo, Sequoia CapitalEditor’s note: This is a guest post on TechCrunch by Greg McAdoo. Greg’s interests include collaborative consumption, the cloud infrastruture and the post-PC era. He currently works with companies like Airbnb, Bump, Songkick and Y Combinator

Tomorrow hundreds will meet up for Startup School, YC’s annual event for gutsy hackers thinking about founding a company. It’s one of my favorite events, and this year’s attendees will get to hear from everyone from Mark Zuckerberg to Stripe’s Patrick Collison to Weebly’s David Rusenko. It’s oversubscribed again, so here are some thoughts on how to choose an idea for your startup for those who can’t make it.

Investors always tell you to pursue big ideas, find your passion and iterate rapidly.That’s valuable advice, but there are some other important considerations that you don’t hear very often: tackle a small market, look for bizarre behavior, don’t make waves, and be unwilling to do anything else. Paul Graham also has some helpful suggestions here and here.

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Posted on Friday, October 19th 2012

Source TechCrunch

For young founders (they were still in college) they seemed unusually formidable.

Paul Graham on Weebly founders David, Dan and Chris. 

Posted on Monday, October 15th 2012

Source news.ycombinator.com

View the presentation while listening to Jim Goetz discuss founders, ideas and timing from Sequoia’s perspective at last weekend’s Y Combinator Start Up School 

http://bit.ly/ucc8Zj

Posted on Tuesday, November 1st 2011

Source justin.tv

Three pieces of advice that Dropbox’s Drew Houston gives young entrepreneurs (Sequoia Capital became Drew and Arash’s first business partner in 2007):

1) Everything starts small

2) Get out of your comfort zone

3) Stack the odds in your favor 

Posted on Monday, October 31st 2011

Source justin.tv

“Starting a company requires you to become oddly unemotional. That means dumping fear of failure, dumping fear of judgement, dumping the desire to impress anyone.” Max Levchin, Paypal Co-founder (Sequoia Capital got into business with Max in ‘99 at PayPal)

Posted on Monday, October 31st 2011

Source justin.tv

“Sequoia Capital’s 40 years of experience shows us that today is a spectacular time to start a company.” Jim Goetz at Y Combinator’s 7th Annual Start-up School 

Posted on Monday, October 31st 2011

Source justin.tv