I recently read The Underdog Founder 🥊 by ex-Y Combinator Visiting Partner, Eddie De La Cruz. Sharing my thoughts on one of the themes that resonated with me and my journey: leveling up. (1/8)

La primer compañía de LATAM en entrar en Y Combinator.

5 lecciones del founder más resiliente que conozco 👇🏻:

Congrats to #KaporCapital former portco founder Eddie De La Cruz for being awarded the 2024 Inicio Icon Award, which recognizes and celebrates the extraordinary contributions of Latinx/e innovators. We're honored to have been early investors in Edrizio and Arcus 👏🏽

Great to have you back as a group partner. You're the single most influential mentor I've ever had. Glad that the nextgen of founders get to experience what I was lucky to

Michael Seibel

Some news on my next 10 years at YC: ycombinator.com/blog/michael-s…

'It's better to have 100 people love you than 1,000,000 people that sort of like you.' - Brian Chesky (co-founder and CEO of Airbnb)

#founders #journey #advice 🙌🔥📌

As a founder, you can't ask something of an employee, that you haven't done yourself

#founders #startups 🙌👆

I think that hiring and PR are cool things that founders do to distract themselves from doing uncool things, like finding PMF. I know that because I used to do it 😣

#founders #journey #success 📌

Don't pay for things that you can get for free. Don't give things for free, that you can get paid for

#founder #startups #journey #tips 🔥🙌

Many times, an investor will say, ‘It's interesting; I'd love to send your deck to other people’. This is a soft NO 😣. Having a soft NO sending your deck a round is like sending a warning signal to the investor community not to invest in you

#founders #startups #investors 🙌📌

Fundraising tip 💡Figuring out how much you need to raise is crucial because you may need less capital than you think. You need a Plan A (how much you want) and a Plan B (the bare min. you need)

#founders #tips #startups 🔥🙌

Fundraising tip 💡Rank investors into tiers. Tier 1 is your wish list. VCs with the best reputations that write the biggest checks and the fastest. Tier 2 is a lesser-known VC that still moves fast. Tier 3 are VCs you don't care for, so use them as practice

#founders #tips 🔥🙌

Fundraising tip 💡 Investors don't respond to cold emails, but they do respond to warm intros. The best source of warm intros are CEOs in the portfolio of that investor.

#founders #tips #startups #journey 🔥🙌

How much should founders pay themselves after the seed? Enough to pay for monthly living expenses, but not enough to save

#founders #tips #startups #journey 🔥🙌

As a founder you need to understand that your biggest competition is not another company, but time

#founders #startups #success 🔥🙌

Eddie De La Cruz - sharing the importance of speaking about the importance of talking with customers. Insights he learned from DoorDash while in Y Combinator

I think that most luck is manufactured, meaning you worked to put yourself in a position to get lucky and to also take advantage of that luck

#luck #founders #success #mindset 📌

Empathy is a superpower. When you contact busy people, think about how packed their calendar is, before you think about what you want

When contacting a very busy person, think of their calendar as a very very full glass of water.

Can you add a drop or two? Yes, most people can handle that. But any more and it is gonna spill.

Think time and cognitive load: Concise and low lift, high impact is best.

Beware of working with family/friends. Your relationship may not always withstand the many storms startups have to endure. Like Notorious BIG said “Money and blood dont mix”

#founders #success #startups 👬👫