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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

#191
post #184

Earlier quoted context omitted.

Here in Australia we get a fine if we don’t turn up at the polling place and have our name crossed off the list on election day. Of course this creates a pool of voters (5-10%) who really don’t want to participate (these people typically spoil their ballot by doing things like drawing a penis on the ballot), but what this does do is keep a much larger section of the population engaged in the political process. What h…

Do you think the penalty works better than a positive incentive? i.e. if you got $5 to vote or a 1 in 100 chance of $1000? Also, was the penalty introduced in order to increase turnout? Is there any data on how it affected it, including among which demographics?

Normally people give a higher weight to a loss than the equivalent positive gain so I think fines should work better than a cash payment.

We have had the fine system since the 1920s so it is really hard to know how it affects the political process. One thing it does do is get the turn out to >95% (we also get a fine if we don’t register too).

One of the big positives is it takes away the decision of voting or not - it is just one of those things like paying your taxes that you have to do.

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

#195
post #84

Sam, are the odds stacked against us if we have 5 founders? (EE, ME, EE, SW, Sales/Business) Also does a startup that can help reduce carbon emissions/move from something that generates lots of emission classify under the energy section of request for startup?

Slightly against--we're not sure why it is, but 5 or 6 founder companies have (with some notable exceptions) significantly underperformed our average.

What are your guesses about this?

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

#198
post #15
post #9

When interviewing, what key points are you looking for?

Determination Effectiveness Clarity of vision Clarity of communication Intelligence Quality of the idea *Potential to be huge

I've seen you try to use the markdown list syntax enough times on HN now that you might consider patching it in.
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