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I Am Sam Altman, President of Y Combinator. AMA

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Re: I Am Sam Altman, President of Y Combinator. AMA

#751
post #533
post #207

Question re solo founders: "A startup is too much work for one person" and if you can't convince even one friend to join you, that doesn't speak well for your idea! On the other hand, a bad hire/partnership can ruin the company. YC gives signal it really prefers to look at teams than individual applications. Q: Do you have have advice or rules of thumb re how much time a solo founder should put into finding partner(s…

Please don't let the lack of a cofounder discourage you from applying. It's definitely a huge help to have a good cofounder, but we accept great founders regardless. There's a tendency for people to want to reduce the world to black-and-white rules like, "yc doesn't accept single founders", but it simply isn't true. We are specifically looking for outliers, so any such rule would be a huge mistake (because the big hi…

Thanks for clarifying, Paul. I feel this is the one disadvantage I have in my YC application; being a sole founder.

Re: I Am Sam Altman, President of Y Combinator. AMA

#752
post #362
post #318

Earlier quoted context omitted.

It does indeed only work for big sites. It's not the only model, but it was one that is proven and easy to understand.

As a follow-up, do you think it is unethical to use AdBlock?

We're a non-intrusive advertising startup (giftgaming) -- I personally do not think it is unethical, as they provide no value, and if anything, detract from the website's value and sometimes are plain annoying.

I cannot believe that in 2015, we still have intrusive ads, such as banner ads, popups, interstitials, pre-roll videos -- all technologies from the 90s? There must be a better solution.

Re: I Am Sam Altman, President of Y Combinator. AMA

#754
post #281

Earlier quoted context omitted.

We really prefer at least two founders, but it's not a deal-breaker. We funded Drew Houston of Dropbox as a solo founder, but he got a cofounder before the batch started. A bad cofounder is far, far worse than no cofounder. I'd spend maybe 20% of your time looking for a cofounder, and the rest on your business. But don't force a cofounder if you don't have a good, organic option. The more progress you make on the bus…

Sorry, my view is that a solo founder can be just fine. I'm a solo founder and believe I don't need and shouldn't want a co-founder. Here's why: The bottleneck in my project is just cutting my way through bad documentation -- all the rest, especially the crucial, core, secret sauce , original applied math, technical part along with typing in the code itself and getting it into good shape, has been fast, fun, and easy…

I couldn't agree any more than I already do.

Re: I Am Sam Altman, President of Y Combinator. AMA

#755
post #362

Earlier quoted context omitted.

As a follow-up, do you think it is unethical to use AdBlock?

We're a non-intrusive advertising startup (giftgaming) -- I personally do not think it is unethical, as they provide no value, and if anything, detract from the website's value and sometimes are plain annoying. I cannot believe that in 2015, we still have intrusive ads, such as banner ads, popups, interstitials, pre-roll videos -- all technologies from the 90s? There must be a better solution.

They provide value to the company providing the content. Many great sites are only possible thanks to advertising revenues. The world would be objectively worse-off if everyone used adblock.

Re: I Am Sam Altman, President of Y Combinator. AMA

#757
post #755

Earlier quoted context omitted.

We're a non-intrusive advertising startup (giftgaming) -- I personally do not think it is unethical, as they provide no value, and if anything, detract from the website's value and sometimes are plain annoying. I cannot believe that in 2015, we still have intrusive ads, such as banner ads, popups, interstitials, pre-roll videos -- all technologies from the 90s? There must be a better solution.

They provide value to the company providing the content. Many great sites are only possible thanks to advertising revenues. The world would be objectively worse-off if everyone used adblock.

But wouldn't it be great if the world didn't feel the need to use adblock?

Telling people not to use adblock is like telling people to not torrent, or to not bite their fingernails; it's too easy to do.

Instead, the core problem needs to be addressed: which is advertising seldom does anything except slowdown page/game loading times, cause privacy concerns or annoy/distract.

We're offering a solution which makes people want to opt-in more.

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