Founders at Work: Stories of Startups' Early Days by Jessica Livingston
Founders at Work: Stories of Startups' Early Days by Jessica Livingston

Business · 2007

Founders at Work: Stories of Startups' Early Days review

by Jessica Livingston

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The verdict

Founders at Work is Jessica Livingston's collection of interviews with the founders of some of the most influential technology companies of the late twentieth and early twenty-first centuries.

Best for operators, founders, and managers. Reading time: 8h 45m.

Founders at Work: Stories of Startups' Early Days by Jessica Livingston
Founders at Work: Stories of Startups' Early Days by Jessica Livingston

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What it argues

Founders at Work is Jessica Livingston's collection of interviews with the founders of some of the most influential technology companies of the late twentieth and early twenty-first centuries. Livingston, who co-founded Y Combinator with Paul Graham, conducted the interviews herself. The book covers Apple, Hotmail, PayPal, Flickr, TiVo, Gmail, del.icio.us, and about twenty-five other companies, interviewing the people who were actually in the room — Steve Wozniak, Caterina Fake, Max Levchin, Joel Spolsky, and others — and asking them primarily about what it was like in the earliest days.

The book's method is simple and its value comes from that simplicity. Livingston asks every founder roughly the same questions: what were the early days like, what was hardest, what mistakes did they make, how did they find their first users, and what did they know at the time that seemed obvious to them but turned out to be unusual? The consistency of the questions makes the book feel like a primary source rather than a curated narrative. You're reading founders talk about their own experience without significant editorial shaping.

What it gets right

  1. 1.

    The scrappiness of early days is not a phase to get through — it's often the period when the most important decisions are made, when the company's character is formed, and when founders are closest to the actual work.

  2. 2.

    Nearly every founder describes underestimating how long it would take to find product-market fit. The assumption that early traction would compound quickly was almost universally wrong.

  3. 3.

    First users matter more than most founders give them credit for. The founders in this book who paid close attention to what their first hundred users did — not said — made better product decisions than those who extrapolated from what users said they wanted.

What it covers

Who wrote it

Jessica Livingston is a co-founder of Y Combinator, the startup accelerator that has backed Airbnb, Dropbox, Stripe, and hundreds of other companies. Before Y Combinator she worked in finance. She conducted all forty-five interviews in Founders at Work herself over several years, drawing on her access to prominent entrepreneurs built through the Y Combinator network and her own career. She continues to be involved in Y Combinator and is a recognized figure in the global startup community.

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