19:22

Olga Vidisheva Speaks at Female Founders Conference 2015

Name: Olga Vidisheva Speaks at Female Founders Conference 2015
Uploaded: 2015-07-23T21:48:08.228Z
Duration: 19 min 22 s
Description: Olga Vidisheva founded Shoptiques, a marketplace for unique boutiques, starting with $10k savings and an $8k prototype built in Indonesia. She talked to over 800 stores to validate the problem, got into Y Combinator as a single, non-technical founder, raised from top VCs, but had to fire two cofounders (including her best friend) before hiring a CTO.

From Y Combinator · Published Jul 23, 2015 · Watch on YouTube

TL;DR

Olga Vidisheva founded Shoptiques, a marketplace for unique boutiques, starting with $10k savings and an $8k prototype built in Indonesia. She talked to over 800 stores to validate the problem, got into Y Combinator as a single, non-technical founder, raised from top VCs, but had to fire two cofounders (including her best friend) before hiring a CTO.

Key insights

Talking to over 800 stores for a year gave her the exact needs to build the right solution; founders should not invent solutions in a vacuum.
A single, non-technical founder can get into Y Combinator and succeed if they ignore conventional warnings and just apply.
Being honest about the ambition for a business (lifestyle vs. billion-dollar) determines the right funding strategy; VC money requires high growth and an exit.

Want the full analysis - every claim cited to the second it was said?

This page only shows a teaser. Sign up to chat with the complete, cited breakdown of "Olga Vidisheva Speaks at Female Founders Conference 2015".

Chat with this video