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I am Sam Altman, President of Y Combinator – AMA

news.ycombinator.com

271–280 of 559 posts

Re: I am Sam Altman, President of Y Combinator – AMA

#271
My startup is based in Paris, and it would be logistically tedious to move to SF (remote management, current customers ...)

YC and the Bay area would be an immense deal to us :

=> Regardless of the product I'm building : Are the advantages of moving to SF enough to balance the immediate difficulties of leaving ?

PS: We are building an AI (currently for students) that plugs into messaging apps. 150k messages exchanged already.

Re: I am Sam Altman, President of Y Combinator – AMA

#273
Hey, I know it is recommended that you move to the bay area during the 3 months, but what happens to the companies which target local markets? Is it possible to gather knowledge about the local market and also the product while staying away from your core user base, and also, how do the partners take care of different kinds of market the startups target?

Example, Indian market/users/plans are considered to be a lot different than other countries.

Thanks :)

Re: I am Sam Altman, President of Y Combinator – AMA

#274
post #167

1. Would / will you ever consider opening an East Coast branch? I understand all the "stuff" about why SV is great for startups, but there will always be people who can't /won't get up and travel completely to the other side of the country for an extended period of time. And while the EC might not be the startup hotbed that SV area is, it's quite clear that there is a LOT of startup activity and some great startups b…

1. Never say never, but no current plans (and honestly, it might make more sense to do something outside the US next). The hardest part would be convincing some of our partners to move out there, or finding new ones we could train out here first. 2. Not ready to talk about specific areas, but I promise they are interesting ones :) It will be super super easy for our researchers to collaborate with outsider researcher…

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Re: I am Sam Altman, President of Y Combinator – AMA

#275

I am a solo founder with strong technical and design chops. I am a high-level thinker, and I spend much of my time with big picture problems, establishing the vision, and figuring out a practical plan to get there from where we are now. But I can also execute on that vision, and build the entire system end-to-end. And I have an abnormally high level of standard. I strongly believe in quality software that just works.…

If you have people willing to pay for your product and a clear go to market strategy then why do you particularly need YC?

Re: I am Sam Altman, President of Y Combinator – AMA

#277
Hi Sam. There's a million questions and I have not read them all; so if you have answered this question already, please feel free to ignore it.

It seems that much of what YC funds these days lies in combinations of software with other disciplines such as biology, law, hardware, energy, and so forth. Is there any room for the pure-software/sales startup anymore, or does the future lie in interdisciplinary startups?

Re: I am Sam Altman, President of Y Combinator – AMA

#278
post #167

1. Would / will you ever consider opening an East Coast branch? I understand all the "stuff" about why SV is great for startups, but there will always be people who can't /won't get up and travel completely to the other side of the country for an extended period of time. And while the EC might not be the startup hotbed that SV area is, it's quite clear that there is a LOT of startup activity and some great startups b…

1. Never say never, but no current plans (and honestly, it might make more sense to do something outside the US next). The hardest part would be convincing some of our partners to move out there, or finding new ones we could train out here first. 2. Not ready to talk about specific areas, but I promise they are interesting ones :) It will be super super easy for our researchers to collaborate with outsider researcher…

Once you go outside of the US, it makes sense to go to the country with easiest immigration policy, so that you can work with all the smart people who can't get to the US.

Re: I am Sam Altman, President of Y Combinator – AMA

#280
In 3 years I will move to US and apply to YC, but that's forever away. I want to start doing now.

Is there a checklist, or a blueprint, or a list of topics, or a list of books that you can recommend that will cover the most important/basic/low-level aspects of building a company? What should I be thinking about?

I'm looking for the backbone; I can work on figuring out the proper shape of what I'm building along the way.

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