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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

#301
post #276

Could you give advice on how to find like-minded co-founders? And what do you think makes someone "good co-founder material"?

The best way to do this from what I've seen is to meet people at school or at work that seem interested in building things. Work with them on interesting projects, and see you seem to work well with.

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

#304

My startup is based in Paris, and it would be logistically tedious to move to SF (remote management, current customers ...) YC and the Bay area would be an immense deal to us : => Regardless of the product I'm building : Are the advantages of moving to SF enough to balance the immediate difficulties of leaving ? PS: We are building an AI (currently for students) that plugs into messaging apps. 150k messages exchanged…

Hey, CEO of MotionLead here (YC W14), feel free to reach at arthur -at- motionlead.com, I'm currently in Paris.

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

#305
post #44

Sam, we launched Asqway app on 29 September this year ( https://itunes.apple.com/app/asqway/id1039694793?ls=1&mt=8 ) and we have been extensively talking to our initial users, we have gathered user’s feedback and updating Asqway app accordingly. Next version of the app will be released in 1 week of time. Up till now we have almost 50 users. So my question is, shall we wait to get more users (I mean at least 1000 user…

Don't wait.

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

#306
1)I made a comment elsewhere that I felt that YC (and you in particular) had it's hands in to many pots and appeared to be doing to many things. With all of the things that you are doing (yc research just added for example) how do you feel that you will be able to keep up the high quality base purpose of YC?

2) You just gave 10m to fund YC Research. Was that because no other partners wanted to get involved in the project and in order to get their agreement (and show how important you felt it was) you decided to put your own money where your mouth was? It just seemed odd to me that it is a YC project yet you put your personal money in it (is the reason for the question).

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

#307

Your talks and latest actions suggest that YC is now more dedicated to making a better future, rather than helping individuals succeed. (thank you for that) Our startup is a for-profit company. However, as a part of our strategy we are making a lot of medical data open sourced. Even if we completely fail, we will move the leave an extremely positive footprint on traditional Chinese medicine industry. Q: 1. How would…

Sounds interesting. Link?

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

#308
Hi sama,

First of all, thanks for the 10 million dollar donation for YC research. That's an amazing gesture, and I'm really looking forward to seeing the scientific research model get completely disrupted - it's in a terrible state and it needs a big shove.

- Given your donation, what are your thoughts on philanthropy?

- Most of your advice is for founders, however, what should an employee look in an early stage start up when deciding whether to join? Obviously, the decision is much easier if the company has started growing exponentially, but before that?

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

#309

What do you recommend founders with families do when moving to the SV area for the duration of a YC batch? Take their families with them, or just move by themselves?

Personally I'd want to take my family with me if at possible. One of the reasons we upped the amount of money we give companies was to help make this possible.

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

#310
Many people suggest showing drafts of YC applications to founders of YC companies. The whole point of the exercise is to help founders pass the YC filtering mechanism. I feel like it's a waste of everybody's time.

Instead, I am asking YC founders to do quick office hours with us and refer to YC if they liked what they saw. (which I have no control of).

Am I doing the wrong thing and going to get rejected for not polishing the application enough?

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