Saved Papers

Save papers so you can find them more easily!

Join Now

Get instant access to over 100,000 papers.

Join Now!

Yahoo

About a month after we started Y Combinator we came up with the phrase that became our motto: Make something people want. We've learned a lot since then, but if I were choosing now that's still the one I'd pick.

Another thing we tell founders is not to worry too much about the business model, at least at first. Not because making money is unimportant, but because it's so much easier than building something great.

A couple weeks ago I realized that if you put those two ideas together, you get something surprising. Make something people want. Don't worry too much about making money. What you've got is a description of a charity.

When you get an unexpected result like this, it could either be a bug or a new discovery. Either businesses aren't supposed to be like charities, and we've proven by reductio ad absurdum that one or both of the principles we began with is false. Or we have a new idea.

I suspect it's the latter, because as soon as this thought occurred to me, a......


View the rest of this paper...

Approximate Word Count: 346
Approximate Pages: 2 (250 words per double-spaced page)

Why should you join Frat Files?

  • - It's safe, secure, and private.
  • - Instant access to over 100,000 papers. New papers are added hourly.
  • - Fast and reliable customer support.

Credit Card

PayPal

Bank Account

Similar Essays

  1. Yahoo! Case Analysis

    Yahoo! Case Analysis Yahoo! Case Analysis May 9 2007 The strategy of implementation of an established dot com company, struggling to leverage current advertising methods with

  2. Yahoo

    Yahoo Yahoo!, Inc. Case Analysis Note to the Board of Directors Per your request, the following analysis provides a comprehensive look at Yahoo!'s current state, as well as

  3. Can Yahoo! Maintain Its Competitive Edge?

    Can Yahoo! Maintain its Competitive Edge? Strategic Management BA 4305-002 March 29, 2007 Can Yahoo! Maintain its Competitive Edge? Yahoo! is one of the oldest and most well-known

  4. Yahoo

    YAHOO THE HISTORY OF YAHOO In 1994 Yahoo was founded by two PHD students of electrical engineering at Stanford University David Filo and Jerry Young. They were co-founders of

  5. Tsing Tao - Yahoo Case

    Tsing Tao - Yahoo Case BACKGROUND OF THE ISSUES Yahoo Inc's CEO Jerry Yang and General Counsel Michael Callahan sat before the House Foreign Affairs Committee on Tuesday, November