Ryan Hoover is the founder of Product Hunt which was in the Summer 2014 YC batch and was acquired by AngelList. He also invests in startups through his Weekend Fund.Dalton Caldwell is a Partner at YC where he runs admissions.Ryan is on Twitter at @rrhoover and Dalton is at @daltonc.The YC podcast is hosted by Craig Cannon.***Topics00:27 - Ryan's intro00:52 - Dalton's intro1:27 - Forming Product Hunt and applying to YC5:17 - Product Hunt's growth rate when they applied to YC6:27 - Raising money for the right reasons9:42 - Maker communities11:27 - Why raise money for Product Hunt?13:12 - Having buzz during the batch18:12 - Brex changing their idea during YC20:17 - Pivoting into something you know well21:32 - In retrospect, how would Ryan have advised himself around monetization?28:27 - Trying to build out other verticals34:27 - Don't act like you have infinite runway35:57 - Creating urgency and developing products within AngelList40:17 - Tips to launch on Product Hunt45:07 - What Dalton looks for in applications46:57 - Giving people the opportunity to start48:47- What motivated Ryan to leave his job before Product Hunt

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“What did the council decide on item 42?” — answered with the speaker and the moment.