What is the ratio between the businesses that YC funds that have revenue and don't have revenue? What about having a significantly large amount of traction (i.e. few thousand users in the first week of beta)
I Am Sam Altman, President of Y Combinator. AMA
231–240 of 757 posts
Re: I Am Sam Altman, President of Y Combinator. AMA
#232Hey sama! From the YC founder's profile application:
> Please tell us about the time you, , most successfully hacked some (non-computer) system to your advantage.
I am so much longing to know, why a "non-computer" system? There are so many things I could have boasted of but can't because of the "non-computer" thing :P
Re: I Am Sam Altman, President of Y Combinator. AMA
#233any plans to host a Startup School conference in Asia ?
Re: I Am Sam Altman, President of Y Combinator. AMA
#234Competition is a tricky concept. If there is competition, that can be seen as verification of the concept, but at the same time it offers valid counterpoints. If there is no competition, it might be because the idea is so hard that nobody else has figured it out or so unpromising that everyone else dismissed it.
What role does competition play in your evaluation of a startup?
Re: I Am Sam Altman, President of Y Combinator. AMA
#235How many current college student YC companies do you have?
Re: I Am Sam Altman, President of Y Combinator. AMA
#236Does YC fund stealth startups?
Maybe we do and maybe we don't...
Re: I Am Sam Altman, President of Y Combinator. AMA
#237The average yc founder in this batch is about 30, but the average college/university graduate is much younger than that. What did a successful 30 yr old applicant do for those 8ish years after graduating?
Re: I Am Sam Altman, President of Y Combinator. AMA
#238What should founders do about the rent?
It's really just way too damn high. Live in somewhere like Sunnyvale or San Jose, maybe.
Re: I Am Sam Altman, President of Y Combinator. AMA
#239Do you think the increasing cost of living in the valley is detrimental to starting up?
Re: I Am Sam Altman, President of Y Combinator. AMA
#240any plans to host a Startup School conference in Asia ?
Yes, this year.