Primary Source Information Wins

A framework for why gathering primary source information directly from users/customers is critical for business success, rather than relying on media narratives or conventional wisdom.

Why Primary Sources Matter

  • Media/conventional narratives often miss emerging opportunities

    • Example: Palantir found 3-letter agencies lacked basic technology despite perception of having cutting-edge tools
    • Media wasn't writing about enterprise software when Palantir started, but the opportunity was massive
  • Direct user interaction reveals hidden truths

    • Talk to actual users and customers
    • Gather first-source information on how the world works
    • Discover things about the world through direct experience
    • Find opportunities others miss by questioning assumptions

Common Mistakes to Avoid

  • Taking worldview from media/social media instead of direct experience
  • Accepting frames/narratives from others about what's important
  • Playing to conventional wisdom rather than user needs
  • Getting caught up in prestige/formality rather than solving real problems

How to Gather Primary Source Information

  • Talk directly to users/customers
  • Look for direct evidence rather than reported trends
  • Question requirements and assumptions
  • Focus on solving real problems vs following industry conventions
  • Avoid getting caught up in corporate formality
  • Stay unconventional when there is pressure to conform

Key Benefits

  • Reveals opportunities others miss
  • Provides competitive advantage through unique insights
  • Helps avoid following incorrect conventional wisdom
  • Allows you to discover real user needs vs assumed needs
  • Enables you to build things people actually want

Implementation Tips

  • Question every requirement
  • Look for primary evidence vs secondary sources
  • Talk directly to users whenever possible
  • Stay focused on real problems vs industry trends
  • Maintain healthy skepticism of conventional wisdom
  • Build based on direct user needs vs assumed needs

The key is gathering direct evidence rather than relying on filtered/processed information from media or industry conventional wisdom. This provides unique insights others miss.

GT

Garry Tan

President & CEO, Y Combinator

Hi, I'm Garry Tan. I live in San Francisco.

Find me on X at https://x.com/garrytan

I am President and CEO of Y Combinator. I was a partner there from 2011 to 2015.

I started a venture capital fund called Initialized Capital. It has just over $3.2B under management, usually funding folks very early (seed and Series A) often when it is just a few people just starting out.