(I’m live-blogging from Startup School, a daylong program from startup incubator YCombinator held at Berkeley today. You can watch it here live or update as we go. This is paraphrased.)
Paul Buchheit, who created Gmail and co-founded FriendFeed before it was acquired by Facebook, is giving a talk entitled “They told me to wing it and that it would be cool.” He has a few slides and is basically making up his talk has he goes along — which he says is a metaphor for founding a company. (So meta.)
He goes along, saying this is a good analogy for starting a company because “You could be a success or a disaster or worst of all, just waste people’s time. People who’ve flown from all over the world here could end up saying, ‘I hate that guy so much,” he said.
So here’s a few points - “There is no substitute for experience.”
“Limited life experience + overgeneralization = Advice.” Everyone gets up here on stage and says don’t take funding or take funding. I’m careful to not to tell people to do anything one way or another because my experience will be totally different fr