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  3. Jessica Livingston Speaks at Female Founders Conference 2015

Summary

Jessica Livingston, a founding partner at Y Combinator, spoke at the Y Combinator Female Founders Conference in 2015. Here are the key points from her talk:

  • Livingston provided an update on the number of female founders in the Y Combinator program, stating that 23% of the startups who applied and were accepted had a female founder.
  • She encouraged more women to apply to increase the number of female founders funded by Y Combinator.
  • Livingston discussed the importance of building a successful team and culture in a startup, emphasizing that company culture starts from the very beginning.
  • She shared insights into the origins of Y Combinator's community and culture, highlighting the role of founders in driving and shaping the culture of their startups.
  • Livingston explained that Y Combinator is both a new structure of investment firm and a collection of people, including founders and partners.
  • She emphasized her role in judging people's character during the interview process and how it has influenced Y Combinator's funding decisions.
  • Livingston highlighted the importance of character in selecting founders for investment, as Y Combinator aims to invite trustworthy and nurturing people into their community.
  • She discussed the value of the alumni network and how filtering out bad people has created a supportive and helpful environment for startups.
  • Livingston described the unique atmosphere and intimate community at Y Combinator, which has been maintained as the program has grown.
  • She discussed the early days of Y Combinator and how they initially funded startups as a learning experience, not expecting them to make money.
  • Livingston emphasized her role in helping startups and evaluating founders, providing practical advice based on her experience with hundreds of startups.
  • She highlighted the importance of culture within an organization and the various initiatives and events that Y Combinator has created to inspire and educate entrepreneurs.
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