The Primordial Startup

Thoughts and musings from a startup co-founder & CTO as I go over the lessons I learned from taking a company from founding past through Series A and beyond.

The hottest Substack posts of The Primordial Startup

And their main takeaways

Why is Canada's healthcare system so bad?

19 implied HN points • 07 Mar 23
🏥 Health Politics Healthcare system Physicians
  1. Canada's healthcare system faces doctor shortages and long wait times compared to other countries.
  2. The problem lies in the low ratio of doctors to population, with Canada trailing behind countries like the US, Australia, and the UK in terms of doctors per capita.
  3. To improve healthcare, Canada needs to reallocate its existing spending to have more doctors and less administrative staff.

How a Humane Hiring Process Leads to Better Outcomes

19 implied HN points • 07 Feb 23
  1. Developing a positive candidate experience can lead to finding strong performers who may be overlooked by other companies' hiring processes.
  2. Differentiating your startup's hiring process is essential, as a process similar to big tech companies may not work for you.
  3. Having a well-defined, transparent, and empathetic hiring process, along with quality job postings, can attract high-quality candidates and streamline hiring.

Launching a lending startup when you need a ridiculous amount of debt capital

19 implied HN points • 07 Feb 23
  1. Launching a lending startup may require tens to hundreds of millions in debt capital.
  2. When raising debt, focus on fitting into existing lender buckets and avoiding exclusivity agreements.
  3. After securing debt financing, focus on raising venture dollars and getting licensed before starting operations.

An unusually detailed guide to building a mortgage startup in Canada

2 HN points • 07 Feb 23
  1. Starting a mortgage business in Canada has less regulatory hurdles compared to the U.S.
  2. To operate as a private lender, you need to get licensed in each province you want to operate.
  3. You can find customers through mortgage brokers or direct to consumer advertising, each with its own set of challenges and strategies.
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