251–260 of 399 posts
This is a good idea and a great opportunity for many people. And I think it's fantastic that YC is doing this. However, I can't help feeling it really is intended for young people recently out of school, who have no other immediate financial obligations. I would really love to see an option for people who are not in this group. Let's imagine someone who is married, with a couple of kids and a mortgage. Right away, YC…
This is a good idea and a great opportunity for many people. And I think it's fantastic that YC is doing this. However, I can't help feeling it really is intended for young people recently out of school, who have no other immediate financial obligations. I would really love to see an option for people who are not in this group. Let's imagine someone who is married, with a couple of kids and a mortgage. Right away, YC…
Also - don't discount the part about participating from anywhere. There could be a handful of families whose accrued savings might increase significantly if coupled with a cost saving location change (i.e. moving away from NYC/SF/bay-area).
Earlier quoted context omitted.
YCF offers office hours for 8 weeks, two events with the partners and the alumni network. And the $12k and €42k are not mutually exclusive. How many €10M+ companies got started with ACCRE money? Probably not even as many as there are $1B+ YC companies.
Do we even have €10M+ startups in France? Besides Gemalto which is 30 years old. There's just no way we could create an Apple in France. It's too agressive, therefore we would forbid it.
I really wish Sam Altman et all would stop both encouraging and requiring teams they fund to move to the Bay Area, because it is distorting the life out of the economy here and ruining the lives of everyone not employed in the tech industry. And before you ask, no, the attendant increase in service industry jobs does not balance out the damage done by the software industry. There are other places that need the econom…
I think yours is a very selfish attitude. The people and the atmosphere in San Francisco and Silicon Valley are some of the biggest assets and they cannot be found in the same way in any other cities.
Earlier quoted context omitted.
I think yours is a very selfish attitude. The people and the atmosphere in San Francisco and Silicon Valley are some of the biggest assets and they cannot be found in the same way in any other cities.
I'm assuming "the people and the atmosphere" you're referring to are the people and the atmosphere that has completely displaced the social life of this part of the world that existed before it became a colony of billionaires playing monopoly. Many of us moved here seeking a different 'people and atmosphere' which, having been displaced, now only exists as a memory.
Earlier quoted context omitted.
> Please be extremely open minded about solo founders. I feel that is one consideration that hasn't been adapted with the changing tech landscape. This is something I always worry about too. I have several really amazing people that I could partner with on a few different things but due to financial obligations there isn't anyway they'd be able to join full time unless there was an investment. So pitching as a solo a…
The bias against solo founders seems to be being mentioned a lot. There's actually a solution to this in Europe - Entrepreneur First (joinef.com), a seed investment programme which you can apply for before you have a team (and even a concrete idea). Most people who come to us as individuals meet their cofounder on the programme and go on to raise some of the largest seed rounds in Europe. Full disclosure: I work for…
I really wish Sam Altman et all would stop both encouraging and requiring teams they fund to move to the Bay Area, because it is distorting the life out of the economy here and ruining the lives of everyone not employed in the tech industry. And before you ask, no, the attendant increase in service industry jobs does not balance out the damage done by the software industry. There are other places that need the econom…
I think yours is a very selfish attitude. The people and the atmosphere in San Francisco and Silicon Valley are some of the biggest assets and they cannot be found in the same way in any other cities.
Earlier quoted context omitted.
I think this is entirely misguided. People have selective memory: all but one of these companies had multiple founders. Hell, most companies we associate today with a single person had more than one founder. It's just that one held the most publicly visible role: Apple: Steve Jobs | + Steve Wozniak + Ronald Wayne Microsoft: Bill Gates | + Paul Allen Google: Larry Page | + Sergey Brin Facebook: Mark Zuckerberg | + Dus…
Having a dominant founder is different than being an only founder. But what's common to all these companies is that one founder was really dominant and had the vision. In fact, out of the top companies, it's safe to say that very large proportion have a dominant founder, who wound up having much more equity than the other founder. I don't understand why there are so many downvotes on something that is, indeed, a veri…