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Sam Altman

02/11/17

@ Y Combinator

YC is not designed for small businesses; a different financial model is needed, but I encourage someone to pursue this idea as it could significantly impact the economy.

Video

Sam Altman's Whale AMA

@ Y Combinator

Sam Altman's Whale AMA

02/11/17

Related Takeaways

Jessica Livingston

09/07/24

@ Y Combinator

YC was created to help young technical people start startups easily, applying mass production techniques to simplify the process.

Y Combinator Cast

02/24/15

@ Y Combinator

YC is at the forefront of making startups a more common career choice, which is inspiring as more people consider entrepreneurship.

Y Combinator Cast

06/01/16

@ Y Combinator

YC does fund solo founders, but it's significantly harder for them to succeed due to the limitations of one person managing all aspects of a startup.

Jessica Livingston

09/07/24

@ Y Combinator

YC's approach to funding is non-traditional; we prioritize building relationships with founders over just focusing on returns.

Geoff Ralston

10/11/18

@ Y Combinator

YC's investment of $150,000 does not handicap companies; rather, it increases their value and success probability, as the average cap for companies going through YC tends to be over $8 million.

Jessica Livingston

02/24/15

@ Y Combinator

YC has always emphasized sharing knowledge and resources, hosting free events and creating open-source investment documents to support startups.

Sam Altman

02/24/18

@ Y Combinator

YC is like a new university, a collection of smart people with a shared vision to innovate and improve the future for everyone.

Kevin Hale

07/26/19

@ Y Combinator

YC's unfair advantages include having exceptional founders and a strong belief in technology companies as the future of billion-dollar businesses.

Y Combinator Cast

08/23/24

@ Y Combinator

Some YC companies are achieving profitability quickly, allowing them to focus on building their business without the pressure of additional funding rounds.