Dalton Caldwell and Michael Seibel discuss the best approaches to managing the many setbacks startup founders can face over the lifetime of starting and running a business.

Apply to Y Combinator: https://yc.link/DandM-apply
Work at a Startup: https://yc.link/DandM-jobs

Chapters (Powered by https://bit.ly/chapterme-yc) -
00:00 - Introduction
00:26 - Punches that land
01:04 - The setback cycle
02:05 - Fundraising
04:27 - YC - No for now
05:42 - Survivorship bias
06:28 - Co-founders
08:02 - The magical deal
09:15 - After the deal, credits don't roll
11:21 - A bad launch
13:28 - Movie mess us up
15:27 - Getting sued
16:51 - Silver linings
18:44 - You are the example
20:00 - Taking stock
20:50 - Worst case analysis
22:00 - Wrap up