Earlier quoted context omitted.
What we've thought about the most is creating a better way for potential cofounders to meet each other.
If there was a YC/HN supported cofounder matching program, I'm guessing it would have a lot more success than other attempts that have popped up. However, some important qualities of a good cofounder match are hard to quantify and require serious (and often confrontational) interaction. Perhaps if YC let individuals apply without an idea to a loosely structured hackathon/conference, some good relationships would form…
I Am Sam Altman, President of YC Group. AMA
361–370 of 458 posts
Re: I Am Sam Altman, President of YC Group. AMA
#362Re: I Am Sam Altman, President of YC Group. AMA
#363I'm 27 and I've cofounded only one company in a lifestyle industry (video games). Despite being nearish the top of my particular field, I don't have a PhD in a relevant field like AI. Games are hard in that they are very competitive, but we're not exactly curing cancer. How behind am I, assuming my primary goal is maximizing positive impact on the world?
Take a look at these projects
https://unrealcv.github.io https://gym.openai.com https://m.reddit.com/r/MachineLearning/comments/54p6zq/16090...
Re: I Am Sam Altman, President of YC Group. AMA
#364Earlier quoted context omitted.
One of the most important life skills is to get good at taking rejection and failure and then picking yourself back up and continuing. If you are going to run a big company, far, far worse things will come your way than a YC rejection. Try again. And again. And again. Giving up too early is one of the biggest causes of failure I know. In terms of the two models--it really depends on your company and market, and what…
Hey Sam, What's the difference between being persistent and wasting time? I'm curious as to where you draw the line.
Re: I Am Sam Altman, President of YC Group. AMA
#365Does the YC Group provide any psychological counseling/guidance/referals for attendees? Does it feel any responsibility to?
yep, i do this for yc! just like the rest of yc, taking care of yourself and your cofounder relationship is DIY but we offers resources to help. i'm an executive coach (with a specialty in startup founders) and our founders book office hours with me when they need support around managing stress/anxiety, troubleshooting conflict in difficult relationships (with cofounders, investors, loved ones, etc), communicating ef…
Re: I Am Sam Altman, President of YC Group. AMA
#366Could you outline the exact reasoning why YC still believes SV is the place to be for a startup. I've never heard any explanation that went deeper than "well investors are there and network duh" It seems very broken that IT specifically should be bound to a physical place. Are there any plans to innovate in this regard or any research YC is doing?
Re: I Am Sam Altman, President of YC Group. AMA
#367Hi, Sam, how do you think about the opportunity of technology in China, do you think China a good place for investing and developing? What the difference between the China market and USA market?
I think China is probably the second most interesting startup market to me in the world right now (after Silicon Valley).
Re: I Am Sam Altman, President of YC Group. AMA
#368Earlier quoted context omitted.
I think it's a consequence of technology but a real challenge for society. I think the right goal is probably to eliminate poverty--conceptually, I like the idea of a guaranteed floor but no ceiling. I'm very interested in basic income and we're running a large experiment on it. If that doesn't work we have some other ideas.
> I like the idea of a guaranteed floor but no ceiling Raising that floor seems like it would simply devalue the dollar. I'm not sure how having no ceiling helps the situation.
Re: I Am Sam Altman, President of YC Group. AMA
#369Hi Sam, in interview with Elon Musk, you asked him 'Do you think people that want to be useful today should get PhDs?' Elon: Mostly not. Here are my questions: 1. Do you think people need to get a PhD degree to become useful research scientist in AI industry? 2. Do you think people need to get a PhD degree to become Member of Technical Staff (Machine Learning) in Open AI? Thank you.
I know this is addressed at sama, but as someone doing AI without a PhD: 1. Not at all. You need to develop a consistent work schedule that will consist of researching papers, applying the knowledge, and writing your own. There is a lot of theory and practice. Very exciting time to be in AI. What you need is time and the interest in doing it. Feel free to email me if you have questions (not a sales pitch, just being…
Re: I Am Sam Altman, President of YC Group. AMA
#370What is an ideal stage for a company to apply to YC? We've gotten together an excellent team and partners, and are just starting to build out the value prop. However, we don't have any customers / traction yet. Should we wait to apply, or apply right now?
There is no ideal stage, but they'll fund the most promissing of them. The more your startup grows and the more times you apply (= persistance and staying alive), the more interesting your startups gets, hence better the odds.
At Quero we applied 3 times before being invited for an inverview and approved.