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How to Build the Future with Sam Altman

ycombinator.com

21–30 of 98 posts

Re: How to Build the Future with Sam Altman

#21
post #9

> Jack: I'm Jack, Sam's brother, and we are here in our backyard, where we also live with our other brother. Wait do all three of you live together in one house in your 30s? That's awesome! EDIT: Just to be clear, this comment is in no way intended to be sarcastic! I really think it's amazing for three brothers to live together in their 30s. The notion that each has to go their separate way after one turns 18/21/25 i…

They're in their 20s but yeah--we have a good time!

Re: How to Build the Future with Sam Altman

#22
post #9

> Jack: I'm Jack, Sam's brother, and we are here in our backyard, where we also live with our other brother. Wait do all three of you live together in one house in your 30s? That's awesome! EDIT: Just to be clear, this comment is in no way intended to be sarcastic! I really think it's amazing for three brothers to live together in their 30s. The notion that each has to go their separate way after one turns 18/21/25 i…

I couldn't agree more. This past year my life goal was to relocate closer to family. When I graduated college I lavished at the taste of freedom and independence. After experiencing that for 5 years, that filial bond was something that was irreplaceable. Especially considering I have 0 drive to have children any time soon, it was hard to find any kind of replacement. I'm happily married but it's definitely a different feeling that my wife should never be expected to fill.

Re: How to Build the Future with Sam Altman

#23
post #3

Unfortunately, there is a bit too much unstated assumption of "just be lucky (fortunate) as hell in multiple metrics from an incredibly young age." This seriously undermines the value of this advice for at least 99% of people.

Luck is a massive, massive factor in many ways, but I generally think you should make decisions as if it weren't a factor.

Re: How to Build the Future with Sam Altman

#24

I'm sure this will get downvoted into oblivion, but why should I or other engineers/entrepreneurs look at Sam Altman as a massive startup success story when his lone startup Loopt never really achieved product-market fit, and ended up in a firesale? Across 5 funding rounds, Crunchbase lists Loopt as having raised $39 million and then was acquired (acqui-hired?) for $43 million. He didn't create any multiples of value…

By top 10 YC startup standards, Paul Graham's Viaweb success isn't all that interesting either.

But, of course: if the model they're building with YC works, this is the outcome you'd expect. YC wouldn't be very interesting if its outcomes were capped to Viaweb's and Loopt's.

Re: How to Build the Future with Sam Altman

#25

I'm sure this will get downvoted into oblivion, but why should I or other engineers/entrepreneurs look at Sam Altman as a massive startup success story when his lone startup Loopt never really achieved product-market fit, and ended up in a firesale? Across 5 funding rounds, Crunchbase lists Loopt as having raised $39 million and then was acquired (acqui-hired?) for $43 million. He didn't create any multiples of value…

>in the lens of being an entrepreneur

This is a valid point, but the majority of the content in this video (and in this series) is to help entrepreneurs. As the President of YC, his entire life now is spent helping entrepreneurs and given his track record in helping companies becoming very serious brands out of quite literally nothing [1] is clearly important and something worth listening to.

[1] https://en.wikipedia.org/wiki/List_of_Y_Combinator_startups

Re: How to Build the Future with Sam Altman

#26
post #9

> Jack: I'm Jack, Sam's brother, and we are here in our backyard, where we also live with our other brother. Wait do all three of you live together in one house in your 30s? That's awesome! EDIT: Just to be clear, this comment is in no way intended to be sarcastic! I really think it's amazing for three brothers to live together in their 30s. The notion that each has to go their separate way after one turns 18/21/25 i…

I agree. I'm from Puerto Rico, where I think it's more common to live and grow up within driving distance of a big part of your family. Now as an adult I've moved to the US, where it's much more common to move far from your family. I grew up expecting that I would always have my close family near, and I still struggle with the fact that's probably not going to be the case. I would absolutely love to live near or with…

While the US has a more mobile population, most Americans still live within half an hour of where they grew up: http://www.nytimes.com/interactive/2015/12/24/upshot/24up-fa...

Re: How to Build the Future with Sam Altman

#27

Earlier quoted context omitted.

I agree. I'm from Puerto Rico, where I think it's more common to live and grow up within driving distance of a big part of your family. Now as an adult I've moved to the US, where it's much more common to move far from your family. I grew up expecting that I would always have my close family near, and I still struggle with the fact that's probably not going to be the case. I would absolutely love to live near or with…

While the US has a more mobile population, most Americans still live within half an hour of where they grew up: http://www.nytimes.com/interactive/2015/12/24/upshot/24up-fa...

Oh, interesting! Don't know why I would have assumed it to be less than that. Thanks for this article, good to learn something new.

Re: How to Build the Future with Sam Altman

#28

I'm sure this will get downvoted into oblivion, but why should I or other engineers/entrepreneurs look at Sam Altman as a massive startup success story when his lone startup Loopt never really achieved product-market fit, and ended up in a firesale? Across 5 funding rounds, Crunchbase lists Loopt as having raised $39 million and then was acquired (acqui-hired?) for $43 million. He didn't create any multiples of value…

[deleted]

Re: How to Build the Future with Sam Altman

#29
post #23
post #3

Unfortunately, there is a bit too much unstated assumption of "just be lucky (fortunate) as hell in multiple metrics from an incredibly young age." This seriously undermines the value of this advice for at least 99% of people.

Luck is a massive, massive factor in many ways, but I generally think you should make decisions as if it weren't a factor.

While I agree that you should "plan for the worst, hope for the best," YC started with a very idealistic concept that a couple of guys with a couple of computers and a few thousand dollars could seek to be Ramen Profitable (instead of seeking to be the next unicorn). You personally benefitted from that philosophy. It would be nice if the tradition that YC is for the common man with big dreams and little capital were continued.

Re: How to Build the Future with Sam Altman

#30

I'm sure this will get downvoted into oblivion, but why should I or other engineers/entrepreneurs look at Sam Altman as a massive startup success story when his lone startup Loopt never really achieved product-market fit, and ended up in a firesale? Across 5 funding rounds, Crunchbase lists Loopt as having raised $39 million and then was acquired (acqui-hired?) for $43 million. He didn't create any multiples of value…

I think is unfair to classify the entrepreneur solely based on their exit multiple, my view only people that work daily with the entrepreneur can be the judges.
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