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I Am Sam Altman, President of Y Combinator. AMA

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361–370 of 768 posts

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

#361

Would you recommend getting cofounders first and then iterating on different possible ideas, or finding an idea that resonates with users first and then approaching people you know about founding a company around it?

Often they sort of happen together--you start going back and forth on an idea with the people that become your cofounders.

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

#362

Hi Sam, What are some actions people like myself can take to push our community, nation, and world towards Basic Income? This is particularly important to me because of how fast Uber/Tesla are rushing towards fully autonomous vehicles. Over 4 million jobs in US alone are as drivers. They're all gonna be laid off soon.

If you live in the United States, you might want to connect with us at the Universal Income Project.

We have regular meetups in San Francisco, and are looking for more organizers around the country to collaborate with on Basic Income Create-a-thons. And if you're in a different country, we might be able to connect you with advocates closer to you. There are a ton of interesting, active projects going on right now around the globe.

We recently hosted a talk by Matt Krisiloff, who is managing YC Research's basic income program, and are really excited to see how it develops.

Shoot us an email at questions@universalincome.org if you want to learn more!

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

#363
post #243

Any advice or observations regarding doing one's first startup in one's 30's and up?

Bezos did it, I believe.

Not necessarily their first startups, but: Dre (Beats), Larry Ellison, Travis Kalanick, Phil Knight (Nike), Jack Ma (Alibaba), Sam Walton, Wang Jianlin (Dalian Wanda). Mike Bloomberg and Amancio Ortega (Zara) were nearly 40.

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

#365
post #358

Hey Sam! We're disrupting a $3.2B information market, full of old slow tech. We've received encouragement from YC alum to apply and had help with our application, but warned that what we're doing might be too difficult for the average tech person to grasp and be vetted out for this reason. We have 11k in revenue from our first sales cycle and 200% mom user growth. Any recommendations on how we can make sure we get he…

Most of us are technical. We can probably understand it, at least a very high level. And we certainly can understand 200% monthly growth.

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

#367
I'm actively working on data-based civics projects that should hopefully have positive individual financial impact - particularly for lower income households. It's very fulfilling work that perhaps comes close in addressing localized economic problems (eg, neighborhoods).

Problem with this sort of work is that it's generally incremental and has zero immediate effects. In other words, there's no way in hell anyone's going to fund me even on principal. Philanthropists? Nah. YC types? Nope. AVs? heh. Volunteers? Eh. The only way I've found to make it happen is to apply some sort of gamification (ads, app selling), which switches motivation from helping all, to only helping those with a smart phone or easy access to internet.

"No shit, you're asking for free work." is pretty common, but I have a persistently hard time believing it's 100% systemic.

Any thoughts on building capital for a company whose goal is in helping low income areas using YC-loved technology without any expectation of direct income?

(Two examples:

Find/Contest bad parking tickets in Chicago. Work in progress with a newly created team of 3: https://raw.githubusercontent.com/red-bin/chitickets/master/...

Mapping domestic violence shelters in US, as this exists nowhere else : https://red-bin.github.io/ (unfinished) )

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

#368
Sam,

Here's my side project -

It lets developers browse, understand and document source code via browser.

Here are a few examples Doc/Xref source code it can generate:

* WASM code in the newly release v8 Engine source.

http://www.srcmap.org/sd_share/7/2f4b60db/v8_JS_Engine_WASM....

* Start up script Code trace in Android AOSP code. (10GB of source)

http://www.srcmap.org/sd_share/7/f772faae/Android_AOSP_Platf...

* ES 6 code trace in v8 Engine.

http://www.srcmap.org/sd_share/7/c2018475/v8_ES6_features.ht...

The single binary is hosted in $5 / month VPS in DO. (I am cheap and don't like to burn $.)

Soon anyone can download it and run it on their PC/Laptop. Free to individual, $ for team.

What do you think? Good enough for YC?

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

#370

I've been following you and @paulg as well as many other YC members for a long period and I'm quiet confident that you'll adhere to the vision/idea behind a project that I'm about to start this year. Do you recommend that I apply for YC really early, like now, just to present the idea ? Or should I develop it and apply with a prototype ? Or should I launch it and then apply ? In which case can YC help the idea to hav…

Apply now. Then immediately resume working on it. If you don't get in now, then apply with your awesome prototype that you've built over 6 months to the next batch. :)
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