
Entrepreneurship.org
2 HN recommenders · recommended in 3 months, 2017–2022
58:50 · 85K views · Aug 28, 2013
David Heinemeier Hansson, creator of Ruby on Rails and partner at 37signals, argues that planning is guessing and startups should focus on today. He says constraints are an advantage and that startups can bootstrap profitably in sizable markets.
HN recommends it as the classic counterpoint to Silicon Valley growth-at-all-costs startup thinking.
3 comments from Hacker News
I would check out the writings of 37Signals (now Basecamp)/RoR founder David Heinemeier Hansson, who advocates bootstrapping for not-necessarily small markets. His talk "How to unlearn your MBA" in particular was fantastic in providing a counterpoint to Silicon-valley style Startups: this video . He directly comments on the YCombinator model at 53'57" ( this video ), but the whole thing is worth watching.
Reminds me of this very controversial but incredible talk by @DHH of Basecamp/Hey: this video Things that don't require scale require a VERY different line of business thinking, generally centered around profits vs growth.
DHH (who also happens to be from Denmark) gave the classic "Unlearn Your MBA" talk in 2010: this video