Many startups fail because they run out of money. So how should you think about how to spend the money you raise? In this episode of Office Hours, YC General Partners Brad Flora, Pete Koomen, Nicolas Dessaigne, and Gustaf Alströmer discuss how to spend responsibly at each stage of a startup— including advice on when to hire, whether to invest in marketing and what spending mistakes to avoid.
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Chapters (Powered by https://bit.ly/chapterme-yc) -
00:00 - Intro
01:40 - How to think about money
02:42 - Funding
03:00 - Hiring
07:00 - Spending
10:45 - Speed
13:00 - Mistakes
16:04 - Waste of money
19:34 - Missed opportunity
23:44 - Runway
26:38 - Being honest
28:40 - Outro