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Michael Seibel: How do you decide what to build next?
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How do you determine what to build next? YC Partner and CEO Michael Seibel shares his framework for an early stage product development cycle. Join the community and learn from experts and YC partners. Sign up now for this year's course at https://startupschool.org.
Segments Timeline
The Importance of Rapid Prototyping
Michael Seibel emphasizes the necessity of a rapid development cycle in product creation. He explains that having a talented team capable of quickly building MVPs (Minimum Viable Products) is crucial for testing ideas and iterating based on results. Seibel warns against the pitfalls of overthinking and perfectionism, advocating for a process that allows for quick experimentation and adaptation.
"so the question is basically how do we figure out what to build next here's my answer the reason why you have a part development cycle is that you can work on multiple things usually there isn't a rig..."
Learning from Mistakes at Justin.tv
In this segment, Michael Seibel reflects on his experience with Justin.tv, highlighting a key mistake: focusing too much on perfecting a few ideas instead of rapidly testing multiple concepts. He describes the 'spiral of death' that occurs when teams wait too long to launch, stressing the importance of agility and the ability to pivot based on what works.
"that'll serve you far better our mistake was that at justin.tv it was thinking every time we've got the home run let's only swing four home runs and of course it would take three months to do it becau..."