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I Am Sam Altman, President of YC Group. AMA

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Re: I Am Sam Altman, President of YC Group. AMA

#52

Are you planning on another project to fill the void left by the YC Fellowship? Especially on the "a little funding" part, and the "remote" part. I understand you have limited resources and that YC's core is focused on fast growing companies, but some early-stage ideas/prototypes need a little help before becoming something YC would accept (and, it looks to me, the bar is higher every year). The MOOC fills one part o…

I think in future versions of the MOOC we will explore ways to give some funding.

Though I think the answer to this is just to apply to YC. We fund lots of very, very early companies all the time.

Re: I Am Sam Altman, President of YC Group. AMA

#55
post #52

Are you planning on another project to fill the void left by the YC Fellowship? Especially on the "a little funding" part, and the "remote" part. I understand you have limited resources and that YC's core is focused on fast growing companies, but some early-stage ideas/prototypes need a little help before becoming something YC would accept (and, it looks to me, the bar is higher every year). The MOOC fills one part o…

I think in future versions of the MOOC we will explore ways to give some funding. Though I think the answer to this is just to apply to YC. We fund lots of very, very early companies all the time.

Could you give examples of such companies that have stood out?

Re: I Am Sam Altman, President of YC Group. AMA

#58
post #52

Earlier quoted context omitted.

I think in future versions of the MOOC we will explore ways to give some funding. Though I think the answer to this is just to apply to YC. We fund lots of very, very early companies all the time.

Could you give examples of such companies that have stood out?

A recent one that is top of mind because Chad just spoke at Startup School is Rigetti Quantum Computing. He had nothing but an idea when YC funded him in Summer 2014, and now is one of the leading QC companies in the world.

Re: I Am Sam Altman, President of YC Group. AMA

#59

Hi Sam, My cofounder and I don't live in the same country so we're each recording half the video separately and then editing the pieces together. Does this affect us negatively in any way?

No, that's fine.

If you haven't spent significant time together in person, that's a red flag for us, as we've found those teams often (usually, even) fall apart.

Re: I Am Sam Altman, President of YC Group. AMA

#60
post #58

Earlier quoted context omitted.

Could you give examples of such companies that have stood out?

A recent one that is top of mind because Chad just spoke at Startup School is Rigetti Quantum Computing. He had nothing but an idea when YC funded him in Summer 2014, and now is one of the leading QC companies in the world.

I'd love to see a How to Build the Future episode about this and how Chad got his start!
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