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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    Austen Allred‏Verified account @AustenAllred Jun 25

    Everyone talks about the network that comes with YC and completely discounts the advice. I think that's because it sounds like bullshit that advice could be so valuable, but for us it was incredibly important - the only reason we're not wandering strange paths, dead.

    12:00 PM - 25 Jun 2018
    • 9 Retweets
    • 161 Likes
    • Arlene Andrews Nitin Tulswani shawn swyx wang 🌉 Dan listens to the hissing steam radiator Juan Ignacio 👨‍🚀 🇻🇳 David Benson ice9 Yishi Zuo Alexander Iosad
    11 replies 9 retweets 161 likes
      1. Leo Polovets‏ @lpolovets Jun 25
        Replying to @AustenAllred

        What were the most useful pieces of advice that they gave you?

        0 replies 0 retweets 17 likes
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      1. Lynne Tye‏ @lynnetye Jun 25
        Replying to @AustenAllred

        My guess is that everyone has a very different experience going through YC, and what's helpful depends entirely on the founders, stage, industry, and vision. Also, since most YC companies don't make it, it makes sense that founders would value the network more than the advice.

        0 replies 0 retweets 5 likes
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      1. Andreas Klinger  ✌️‏Verified account @andreasklinger Jun 25
        Replying to @AustenAllred

        Imho: the thing is that average and good advice are hard to distinguish but pay off multiple times differently

        0 replies 0 retweets 4 likes
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      1. Brad Flora‏ @bradflora Jun 26
        Replying to @AustenAllred

        Agreed. I owe @perfectaudience to a stray YC office hour side-comment that I couldn’t stop thinking about.

        0 replies 0 retweets 1 like
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      1. Simon Sarris‏ @simonsarris Jun 25
        Replying to @AustenAllred

        I'm not sure that's people discounting the advice per se, but discounting its cost. If its good advice, and tons of people have followed it, why isn't it easily available and free etc instead of something you need to apply for? Or do you really mean mentorship and not advice?

        0 replies 0 retweets 1 like
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      1.  🤔@ 🇱🇺‏ @VineetDevaiah Jun 26
        Replying to @AustenAllred

        Well it comes with money and network which is what makes it useful anyways

        0 replies 0 retweets 0 likes
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      1. Kyle Stratis‏ @KyleStratis Jun 26
        Replying to @AustenAllred

        Being in a new city without many connections to the local startup scene has put that necessity for good advice into stark relief for me.

        0 replies 0 retweets 0 likes
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      1. Bill Brooks‏ @BROOKSWOODWORKS Jun 25
        Replying to @AustenAllred

        After opening the lambdaschool, what’s the favorite or most popular type of coding being taught and sought after? Just curious what is trending now

        0 replies 0 retweets 0 likes
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      1. Jake Huneycutt‏ @jakehuneycutt Jun 25
        Replying to @AustenAllred

        Advisement + mentorship are IMO the most important reasons to raise capital. There's a reason 80% - 90% of VC funds lose money; very few VCs are good at this aspect. The 10% that are great at it provide tons of value.

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      1. Will Turner‏ @4wmturner Jun 25
        Replying to @AustenAllred

        I think a lot of folks may have issues trusting the advice of others when they feel they themselves are experts in their space; it's hubris manifested. What (high level) advice can you share that made a big impact for Lambda?

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