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I am Sam Altman, President of Y Combinator – AMA

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531–540 of 559 posts

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

#531

Hi Sam, you have previously mentioned in an interview that University of Waterloo comes to mind when you think of a school that produces great YC alums. As most of these founders were unproven and untested individuals at the time of applying to YC, what qualities do you feel has made the difference for them throughout the program?

Not a YC applicant or alum, but as a Waterloo CS grad - the co-op program was invaluable. 4 months study alternating with 4 months work in a real job = 6 different workplaces to learn from, and coming out of the degree with 2 years real experience. A lot of students, especially on the CS side, are getting jobs at startups for their co-op terms.

Anyone aware of well-regarded US-based computer science programs with similar co-op programs? They seem pretty sparse when I google...

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

#533

Earlier quoted context omitted.

If you can get very efficient at it or you find the activity a source of leisure, then cooking your own food is a great cost savings. However, for someone in the tech industry the opportunity cost of not investing in themselves (i.e. coding, reading about code, meeting people, etc) for the same amount of time they are cooking (grocery shopping, food prep, cooking, cleaning, etc) usually isn't worth it. To me cooking…

Most meals aren't actually a huge time investment if you do them right. Make one trip to the grocery store a week (or two if you really need perishables like milk or fresh fish, but if you do that, just go in & out with a list). Make sure your apartment has a dishwasher. Get a (dishwasher-safe) food processor for chopping & dicing. Clean up while the food is cooking in the oven or on the stove. Cook big batches and h…

And you lose one of the best things in life... love for food! Sometimes I think some americans have never known how good food tastes like.

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

#534

Is there a place for Tarsnap at YC? Applying for YC funding doesn't make sense for several reasons: 1. I want to be king, not rich; everything I hear tells me that YC pushes companies to grow fast and increase their valuations, and that's something I fundamentally don't care about. I know that I'm stubborn enough that this would just result in a lot of frustration on both sides. 2. Tarsnap doesn't need the money. It'…

Colin, given that you don't want to live in the Bay Area, how do you envision yourself being a part of the YC community? These propositions seem fundamentally at odds with one another. Given that restriction, however, here are some ideas:

Could you arrange to go down to YC periodically and hold "office hours" to begin relationships with founders that are doing interesting things in your areas of expertise?

Could these relationships lead to you becoming a technical advisor for some of them?

Could you angel invest in some of them?

Could you attend YC investor day?

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

#535

I think you mentioned somewhere that you are aiming for early-career researchers, not so much for established group leaders. Being an early-career researcher myself (postdoc), my first thought was that your program could easily turn out to be a trap. At first, it looks like a fantastic opportunity because freedom and independence, etc. However, I'm sure that you are looking for high risk / high reward projects. So th…

(disclaimer: I am a programmer who works for startups, but I've always admired scientists and researchers and have often contemplated a career switch to biotech.) How can an entire discipline that is supposedly based on rational evidence-finding be such a cliquey clusterfuck? You're basically saying that if you don't follow the community rules, which more or less boil down to "hazing," you'll be excommunicated. Sound…

> I am glad I work in a meritocracy-based industry where anyone with any background can "ship" and succeed, and that has a low tolerance for bullshit.

This might be the most delusional thing I've read in this entire thread, and that's saying something. You can't take a look at founders of successful startups and sincerely tell me that anyone with any background can succeed. The whole idea of a startup excludes huge portions of the population (and I'm not talking about technical skills). Low tolerance for bullshit? The startup world is like 90% bullshit.

Your characterization of academia is way too exaggerated. Leaving academia has always been a semi-permanent move. There is no other job quite like academia, so unless you've done something truly amazing with your outside adventures then your resume is going to be inferior to people who have direct experience in the field. It's only logical.

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

#536
post #345

Earlier quoted context omitted.

Vancouver might be better. It has less of a tech sector, but frankly nowhere in Canada has enough of a tech sector to matter much; however Vancouver has the important advantages of being much closer to the bay area (2.5 hours flying time to SFO, 7 flights/day each way), being large enough to have a tech boom without completely unbalancing its economy, and actually being somewhere people want to live.

I beg to differ. On the issue of tech sector, U Waterloo obviously puts out many great students. UBC isn't really known for it's tech streams. In addition, there's likely many smart tech people from RIM looking for jobs in the KW area. As for the issue of where people want to live. Vancouver is likely even more costly to live than SV. KW (and southern Ontario in general) is a great place with warm weather 6 months pe…

UBC isn't really known for it's tech streams.

No? Amazon, Google, and Microsoft hire aggressively out of UBC.

Waterloo is an awful place. Asking people to move there is a hard sell. At least people would enjoy Vancouver.

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

#537
post #346

I think you mentioned somewhere that you are aiming for early-career researchers, not so much for established group leaders. Being an early-career researcher myself (postdoc), my first thought was that your program could easily turn out to be a trap. At first, it looks like a fantastic opportunity because freedom and independence, etc. However, I'm sure that you are looking for high risk / high reward projects. So th…

Well, that's fucked up about academia. All the more reason to create alternatives. Do you really want to be part of a system that does not allow for failure? At a minimum, I expect YCR researchers to be turning down job offers from YC companies all the time.

What is the selection process and how does one apply?

Here are my thoughts on the topic: http://yansh.github.io/articles/phd-distruption/

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

#538
post #345

Earlier quoted context omitted.

I beg to differ. On the issue of tech sector, U Waterloo obviously puts out many great students. UBC isn't really known for it's tech streams. In addition, there's likely many smart tech people from RIM looking for jobs in the KW area. As for the issue of where people want to live. Vancouver is likely even more costly to live than SV. KW (and southern Ontario in general) is a great place with warm weather 6 months pe…

On the issue of tech sector, U Waterloo obviously puts out many great students. I absolutely agree. But YC doesn't need to be where the university is. I mean, people apply to YC from all over the world, not just from the bay area. Vancouver is likely even more costly to live than SV. Relative to average income, yes. But that's just because Vancouver doesn't have much in the way of high-wage industries. In an absolute…

+1

My team is moving to Vancouver in 2 weeks for the reasons you've listed. So pumped for cheap roundtrips to the Bay.

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

#539
post #534

Is there a place for Tarsnap at YC? Applying for YC funding doesn't make sense for several reasons: 1. I want to be king, not rich; everything I hear tells me that YC pushes companies to grow fast and increase their valuations, and that's something I fundamentally don't care about. I know that I'm stubborn enough that this would just result in a lot of frustration on both sides. 2. Tarsnap doesn't need the money. It'…

Colin, given that you don't want to live in the Bay Area, how do you envision yourself being a part of the YC community? These propositions seem fundamentally at odds with one another. Given that restriction, however, here are some ideas: Could you arrange to go down to YC periodically and hold "office hours" to begin relationships with founders that are doing interesting things in your areas of expertise? Could thes…

Colin, given that you don't want to live in the Bay Area, how do you envision yourself being a part of the YC community?

Well, you see, there's this thing called the "Internet" which allows people to communicate over large distances...

Could you arrange to go down to YC periodically and hold "office hours" to begin relationships with founders that are doing interesting things in your areas of expertise?

That's something I'd absolutely be happy to do.

Could these relationships lead to you becoming a technical advisor for some of them?

If someone's interested in my advice, sure.

Could you angel invest in some of them? Could you attend YC investor day?

I don't think the amount I would be able to invest would be very meaningful. Also, I'm guessing the tax issues involved with cross-border angel investing would be painful. (Just a guess, but I find that assuming that tax issues are painful is a good default position.)

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

#540

Earlier quoted context omitted.

Thank you Sam! Follow-up question: would you be interested in helping me start something similar in Canada, or know people who would? :)

TandemLaunch (www.tandemlaunch.com) is a close proxy, though still oriented to ultimately build technology companies (but still very deep tech focused). We are obviously not in the same scale league as yc, but we are in Canada :).

Hey hey - another Canadian here. :)

Just sent you a LinkedIn add; I'm working on a product designed to accelerate tech transfer and generally would like to support scientific research in any way I can. Can we connect?

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