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  3. How to Create Luck - Dalton Caldwell, Y Combinator Partner

Summary

Dalton Caldwell, a partner at Y Combinator, shares insights on how to create luck in the startup world. He emphasizes the importance of moving quickly and creating more opportunities for luck to happen. Startups that iterate on their ideas, engage with customers, and develop code efficiently have a higher chance of success. Caldwell cites examples like Brex, Retool, and Magic, where founders rapidly explored alternatives and found success. By being proactive and agile, startups increase their surface area for luck to strike.

  • Moving quickly and creating more opportunities for luck to happen is crucial for startup success.
  • Startups should iterate on their ideas, engage with customers, and develop code efficiently.
  • Examples like Brex, Retool, and Magic show how founders rapidly explored alternatives and found success.
  • Being proactive and agile increases the surface area for luck to strike.
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