<story><title>Going Through Y Combinator (YC S13): Lessons Learned</title><url>http://blog.zactownsend.com/going-through-y-combinator-s13-nine-lessons-learned</url><text></text></story><parent_chain></parent_chain><comment><author>minimax</author><text>&lt;i&gt;Kirsty Nathoo spends the second half of the day describing the basics of corporate setup. She goes over all of the associated paperwork, the YC investment, the YCVC notes, and advice on what to spend money on. It was a fast, expert primer on corporate law, corporate finance, startup financing, benefits, payroll, and more.&lt;/i&gt;&lt;p&gt;Can anyone recommend a good book on VC finance? It&amp;#x27;s hard to find anything that goes into much depth on the web.</text></comment>
<story><title>Going Through Y Combinator (YC S13): Lessons Learned</title><url>http://blog.zactownsend.com/going-through-y-combinator-s13-nine-lessons-learned</url><text></text></story><parent_chain></parent_chain><comment><author>alain94040</author><text>* In order to think through this, Dan and I walked around the same block in Mountain View several hundred times&lt;p&gt;Don&amp;#x27;t. If your startup is trying to sell to small businesses, stop asking the business owners on Castro St. They already have more pitches than the VCs on Sand Hill road. They are bombarded with half-baked ideas on how to get more customers, make more money from existing customers, etc.&lt;p&gt;Long distance calls have been free for a while now: call some other state with no startup culture and pitch to those business owners. They&amp;#x27;ll be both more receptive and more representative of the overall business population.</text></comment>