Live data from Hacker News

I am Sam Altman, President of Y Combinator – AMA

news.ycombinator.com

11–20 of 559 posts

Re: I am Sam Altman, President of Y Combinator – AMA

#16
Hi Sam I've used this site forever it's cool. But I'm not like these other guys who want a job or to make a startup I just like tech news so my question is what is the best kind of coffee, as in what's your favorite kind.

My top pick is called "Black Cadillac" it's from a local shop and also reminds me of the modest mouse song of the same name.

Re: I am Sam Altman, President of Y Combinator – AMA

#19
post #7

Hi @sama, I'm From Brazil and CEO of an EdTech startup. We're profitable, with 60 employees and a lot consumer traction/revenue, but didn't raise a Series A yet. Questions: 1) What advice would you give to applicants from Brazil and other large countries (India, China, Russia), whose products initially target their local markets? 2) What advice would you give to post-Seed and pre-Series A applicants? When (if at all)…

1) No specific advice--we fund lots of companies whose products target far-away markets and are particularly interested in doing so. The only different question we might ask you is "How will you handle being away from your users for 3 months?"

2) We have funded companies that have raised more than $10 million, and they've said they still got a lot of value out of YC. If anything, it's usually the existing investors that have a problem with it.

3) Standard deal, BUT we buy common stock, so it doesn't trigger any anti-dilution stuff. Most investors understand that YC is mostly "sweat equity" anyway.

I might come to Brazil for New Years!

Post reply on HN