ie: We think our total initial market has the potential to be around $30M/yr but can grow to take on other use cases.
I Am Sam Altman, President of Y Combinator. AMA
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Re: I Am Sam Altman, President of Y Combinator. AMA
#132http://www.forbes.com/sites/andygreenberg/2011/02/11/palanti...
https://news.ycombinator.com/item?id=8236762
http://www.huffingtonpost.com/ralph-nader/corporations-spy-o...
http://thinkprogress.org/economy/2011/02/17/144678/chamberle...
Re: I Am Sam Altman, President of Y Combinator. AMA
#133Re: I Am Sam Altman, President of Y Combinator. AMA
#134I frequently see the stat that YC companies are worth 30 billion in total. While this is very impressive, it's still less than say Uber at 40 billion for a single company that's about the median age of the group--so it seems like a fair comparison, though an obvious outlier. For the Uber, Twitter, Facebook, Google, etc. outlier startups, how much pure luck do you think plays into their success? AirBnB and Dropbox are…
We'll update again at some point.
It's not a perfect correlation, but the founders that build huge companies are extremely determined and smart, they have a very clear vision, they see things other people miss, etc etc.
That said, there is definitely a luck multiplier for the humongous companies. You cannot have a clear plan to build a $200B company.
Re: I Am Sam Altman, President of Y Combinator. AMA
#135As a high school student / developer with a (seemingly great) idea and no same-age peers, would you suggest waiting until college to find a cofounder, or going through with the idea now alone?
Re: I Am Sam Altman, President of Y Combinator. AMA
#136Re: I Am Sam Altman, President of Y Combinator. AMA
#137Re: I Am Sam Altman, President of Y Combinator. AMA
#138Re: I Am Sam Altman, President of Y Combinator. AMA
#139I frequently see the stat that YC companies are worth 30 billion in total. While this is very impressive, it's still less than say Uber at 40 billion for a single company that's about the median age of the group--so it seems like a fair comparison, though an obvious outlier. For the Uber, Twitter, Facebook, Google, etc. outlier startups, how much pure luck do you think plays into their success? AirBnB and Dropbox are…
We haven't updated our numbers in awhile. Current total is more than Uber. We'll update again at some point. It's not a perfect correlation, but the founders that build huge companies are extremely determined and smart, they have a very clear vision, they see things other people miss, etc etc. That said, there is definitely a luck multiplier for the humongous companies. You cannot have a clear plan to build a $200B c…
Re: I Am Sam Altman, President of Y Combinator. AMA
#140How do you think Reddit would become profitable and would be able to sustain itself?
[1]: http://www.businessinsider.in/Reddit-CEO-Admits-Were-Still-I...