Explain Quote by Michael Seibel
“The number one problem companies have during the Y Combinator interview is that a minute into the interview, we don't know what they do. It's the same problem with the application. You might think we're experts, but you still have to explain it to us.”
About This Quote
Source Interview: Y Combinator Application Guidance, 2020
Founders often fail to convey their business clearly early in interviews, leaving investors confused about their product or service.
In simple terms: Founders must quickly explain what they do.
Key Takeaway
Clarify your value proposition early.
Themes
communication
clarity
entrepreneurship
Mood
anxious
determined
hopeful
Type
advice
practical
motivational
When to use this quote
- seed pitch meetings
- demo days
- networking events
- online pitch decks
Key Concepts
pitching
storytelling
investor relations
Questions to Reflect On
- How can you simplify your pitch without losing depth?
- What analogies best capture your core offering?
A Different Perspective
If the explanation is too technical, it may alienate non‑technical investors.
