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Physical Intelligence is building a foundation model that can control any robot to do any task — what the team describes as the GPT-1 moment for robotics. The company's cross-embodiment approach trains across many different robot platforms, and recent results show tasks being performed zero-shot that last year required hundreds of hours of data collection. In this episode of The Lightcone, co-founder Quan Vuong sat down with Garry, Jared, Diana, and Harj to talk about why robotics is finally ready for its scaling moment, how PI runs its models in the cloud rather than on-device, and the playbook for what Quan sees as a Cambrian explosion of vertical robotics companies.
1 in 11 babies born in America this year will be screened by a genetic test that didn't exist a decade ago.Biotech startup BillionToOne turned a simple but radical idea—detecting rare fragments of fetal DNA in a mother's blood—into one of the most widely used prenatal tests in the U.S. And they're not stopping there. The same approach could unlock something even bigger: early-stage cancer detection from a blood test, a breakthrough that could one day save millions of lives.In this episode of Hard Tech, YC's Jared Friedman sits down with David Tsao and Oguzhan Atay to hear how they went from half a lab bench to a $4B biotech company—and why they believe this is just the beginning of what their technology can do.
In this episode of Founder Firesides, YC Managing Partner Jared Friedman talks to Karine Mellata, co-founder of Variance (W23), who is coming out of stealth and announcing their $21 million Series A. Variance builds purpose-built AI agents for risk and compliance — automating fraud detection, content review, and identity verification for Fortune 500 companies and platforms like GoFundMe. They discuss why Variance built in the shadows for three years, detecting state-sponsored fraud rings, and the accident that nearly ended the company.
François Chollet has spent years asking a different question than most of the AI world. Instead of scaling what already works, he’s trying to understand what intelligence actually is—and how to build it from first principles. In this episode of Lightcone, he traces that path from his early work on deep learning to the creation of the ARC prize, and the launch of ARC V3, a new benchmark designed to measure something deeper than performance: the ability to learn, adapt, and reason efficiently in entirely new environments. He explains why today’s systems may be hitting limits, what recent breakthroughs really mean, and why reaching true general intelligence may require a fundamentally different approach.00:00 - AGI by 2030?00:31 - Introducing Ndea: A New Path Beyond Deep Learning01:08 - A New ML Paradigm 01:30 - Replacing neural nets with compact symbolic programs03:04 - Why Ndea Isn’t Competing With Coding Agents05:20 - Why Everyone Might Be Wrong About Scaling LLMs07:22 - Why Coding Agents Suddenly Work So Well08:50 - The Limits of LLMs in Non-Verifiable Domains10:48 - What AGI Actually Means (And Why Most Definitions Are Wrong)13:30 - Why Deep Learning Hits a Wall 14:00 - ARC’s Origin Story18:20 - ARC Benchmarks Explained: From V1 to V322:49 - The RL Loop Powering Coding Agents Today27:03 - ARC-AGI V3: Measuring “Agentic Intelligence”31:14 - Inside the ARC Game Studio35:31 - Could AGI Fit in 10,000 Lines of Code?44:01 - Building Ndea: From Idea to Compounding Research Stack46:46 - The Future of ARC: Benchmarks That Evolve With AI47:21 - Why There’s Still Huge Opportunity for New AI Paradigms53:37 - How to Build a Breakout Open Source Project - Lessons From Kera56:39 - Advice For How To Think About AIApply to Y Combinator: https://www.ycombinator.com/applyWork at a startup: https://www.ycombinator.com/jobs
Solugen is reinventing the trillion-dollar chemical manufacturing industry by combining biology and chemistry in a new way. In this episode of Hard Tech, YC's Jared Friedman visits co-founders Gaurab Chakrabarti and Sean Hunt at their Houston HQ to see how they went from a $7,000 PVC reactor to a billion-dollar company competing with industry giants. They cover the breakthrough behind their enzymatic + catalytic production, how they found their first customers, and why starting small and staying close to customers let them win in a capital-intensive industry. Chapters:00:00 - A New Kind of Chemical Plant01:02 - Fusing Biology + Chemistry In a New Way02:23 - The Eureka Moment: From Pancreatic Cancer to Hydrogen Peroxide03:30 - Using A Sugar Feedstock Over Oil and Gas 04:22 - Proving Enzymes Work at Scale In Chemical Manufacturing05:16 - The $7K PVC Reactor06:44 - Finding First Customers at YC08:12 - What The Co-founders Got Out of YC09:33 - Seed Round to Bio Forge10:32 - Scaling to a Full-Size Plant (Bioforge)11:57 - The Future of American Manufacturing12:29 - The Next Decade of Solugen Apply to Y Combinator: https://www.ycombinator.com/applyWork at a startup: https://www.ycombinator.com/jobs
In this episode of The Lightcone, we talk with Mukund and Madhav Jha, the founders of Emergent - an AI platform that lets anyone build and ship production-ready software. In just eight months, users have created more than 7 million apps on Emergent, with the number doubling in just the last 45 days. We discuss how they built one of the most powerful AI coding agents, why they focused on non-technical users and what it's like building in India for a global audience. Apply to Y Combinator: https://www.ycombinator.com/apply Chapters: 00:00 - Intro 01:06 - What Is Emergent? 01:18 - Founder Backstory 02:09 - From AI Testing to General Coding Agents 02:52 - Getting Ahead of the Market 04:18 - The Pivot to Non-Technical Users 05:22 - Why Second Movers Can Win in AI 09:04 - Building for Production, Not Just Prototypes 18:21 - Live Demo: Building Apps with Emergent 24:40 - How Emergent Hires and Runs a Lean Team 29:04 - Is SaaS Dead? The Rise of Personalized Software 34:04 - The Future: Niche Apps, Solo Builders and AI Agency
YC alum Max Hodak is the co-founder of Neuralink and founder of Science, a company building brain-computer interfaces that can restore sight.Science has developed a tiny retinal implant that stimulates cells in the eye to help blind patients see again. More than 40 patients have already received the treatment in clinical trials, including one who recently read a full novel for the first time in over a decade.In this episode of How to Build the Future, Max joined Garry to discuss how BCIs work, what it takes to engineer the brain, and why brain-computer interfaces may become one of the most important technologies of the next decade.
As no-code design tools become more common, so do the pitfalls. You know what they look like - the purple gradients, annoying hover effects, sections that fade as you scroll. So how do you avoid a site that feels vibe coded while still taking advantage of these new tools? In this episode of Design Review, YC’s Aaron Epstein is joined by Visiting Partner Raphael Schaad, the founder and designer of Cron (now Notion Calendar). Together they’ll review user submitted sites with an eye for how to leverage these tools and avoid the common vibe coding mistakes.
Poetiq is a new startup founded by former DeepMind researchers that recently achieved a major jump on the ARC-AGI and Humanity's Last Exam benchmark by layering a recursive self-improvement system on top of existing models. In this episode of Lightcone, Poetiq's Founder & CEO Ian Fischer joined us to discuss how small teams can build “reasoning harnesses” that outperform base models, what that means for startups and why automating prompt engineering may be one of the most powerful levers in AI today.Chapters:00:00 – Intro00:40 – What Is Poetiq?01:07 – Recursive Self-Improvement Explained02:07 – The Fine-Tuning Trap02:59 – “Stilts” for LLMs03:14 – Recursive Self-Improvement vs. Fine-Tuning05:05 – Taking the Top Spot on ARC-AGI06:37 – Beating Claude on Humanity’s Last Exam08:40 – How the Meta-System Works10:26 – Beyond RL: A New S-Curve11:32 – Automating Prompt Engineering13:37 – From 5% to 95% Performance14:50 – Early Access & Putting Your Agent on Stilts16:17 – From YC Founder to DeepMind Researcher18:29 – Advice for Engineers in the AI EraApply to Y Combinator: https://www.ycombinator.com/applyWork at a startup: https://www.ycombinator.com/jobs
With the takeoff of OpenClaw and MoltBook, a new agent-driven economy is taking shape. In this episode of the Lightcone, we took a look at the explosive growth of AI dev tools and whether the time has come for builders to make something agents want.
A very special guest on this episode of the Lightcone! Boris Cherny, the creator of Claude Code, sits down to share the incredible journey of developing one of the most transformative coding tools of the AI era.
In the AI era, startups aren't winning by hiring faster — they're winning by automating as many internal functions as possible. In this episode of Main Function, Garry breaks down how tiny teams are beating companies 20x their size by building automations into every workflow, from engineering to ops to customer support.
You’ve probably already heard all about OpenClaw (formerly Clawdbot/Moltbot). The viral sensation is an open-source AI assistant that runs on your own device, connects with messaging apps you already use, and goes beyond chat to actually execute tasks like managing your email, calendars, files, workflows, and more. Now meet the man behind it. YC’s Raphael Schaad sat down with Peter Steinberger, the creator of OpenClaw, to discuss the “aha” moment behind the viral personal AI agent, why local-first agents could replace many of today’s apps, and how personal agents will reshape the future of software. Chapters: 00:00 – OpenClaw takes over the internet 00:44 – Life after going viral 01:28 – Why OpenClaw took off, what sets it apart 02:56 – Bots talking to bots (and hiring humans) 04:11 – From “God AI” to swarm intelligence 05:07 – Peter’s original “aha” moment 06:38 – Rebuilding the agent as a conversation 07:38 – The moment it exceeded expectations 10:21 – Are apps going to disappear? 12:31 – Memory, data silos, and ownership 14:39 – The privacy reality of personal agents 15:05 – Letting the bot loose in public Discord 16:55 – Giving an agent a personality 18:19 – Contrarian building philosophy 20:09 – CLIs vs MCPs 21:28 – Building for humans first 21:46 – The road ahead Apply to Y Combinator: https://www.ycombinator.com/apply Work at a startup: https://www.ycombinator.com/jobs
Wondering why your maker-turned-manager suddenly seems distracted in meetings? Maybe they're addicted to coding agents! In this episode of Lightcone, Calvin French-Owen — a co-founder of Segment and former engineer on OpenAI's Codex team — joins us to talk about why coding agents suddenly feel so powerful, the differences between Codex, Claude Code, and Cursor, and what the future of work will look like.
When you're starting out, it isn’t enough to just build a minimum viable product. You also need a minimum evolvable product - one that can adapt to the needs of those critical early customers. In this episode of Main Function, YC General Partner Ankit Gupta offers an update to the classic MVP playbook. He’ll outline strategies for getting your first customers, the power of adaptability and how feedback from early users will ultimately shape the future of your product and your company. Apply to Y Combinator: https://www.ycombinator.com/apply Work at a startup: https://www.ycombinator.com/jobs Chapters: 00:00 – The Minimum Evolvable Product 00:46 – Finding the First Believers 01:29 – Counterintuitive Rules To Get Early Users 02:10 – Learn Fast, Don’t Fear Churn 02:52 – How Early Users Shape the Market You Enter 04:22 – Tesla Case Study 05:14 – How To Build To Evolve
Stoke Space is racing to build the world's first fully reusable rockets that can launch, survive reentry, and fly again and again. In this episode of Hard Tech, YC’s Aaron Epstein sits down with Stoke Space co-founders Andy Lapsa and Tom Feldman to find out why they chose to take on one of the hardest problems in rocket science, how an obsession with efficiency gives them an edge, and what full reusability could unlock for the future of spaceflight. Apply to Y Combinator: https://www.ycombinator.com/apply Work at a startup: https://www.ycombinator.com/jobs
2025 was the year AI stopped feeling chaotic and started feeling buildable. In this Lightcone episode, the YC partners break down the surprises of the year, from shifting model dominance to why the real opportunity is moving back to the application layer, and why the next wave of AI startups may be just getting started.
ARC-AGI is redefining how to measure progress on the path to AGI - focusing on reasoning, generalization, and adaptability instead of memorization or scale. During this month's NeurIPS 2025 conference, YC's Diana Hu sat down with ARC Prize Foundation President Greg Kamradt to find out why most AI benchmarks fail, how ARC-AGI reveals the limits of today’s models, and why measuring intelligence may be harder than building it.
Head of Design Ryo Lu helped transform Cursor from a feature-layer on top of VS Code into one of the world's leading AI code editors.He joins YC's Aaron Epstein on Design Review to talk about the path that brought him to Cursor, how rapid prototyping reshaped the core product and how he's breaking down the barriers that once separated designers and coders.
In just a few years, James Hawkins took PostHog from an idea hacked together right before YC's W20 deadline to a unicorn powering product analytics for thousands of teams. He joins YC's Brad Flora to talk about surviving six months of "pivot hell," why open-source analytics was the breakthrough, and how PostHog grew from fighting for its first users to launching full product lines—plus what he's learned about momentum, staying close to customers, and using transparency and humor to build a company that stands out.
Every major shift in consumer tech has a moment when it suddenly becomes accessible to millions. Michael Mignano helped spark one of those moments with Anchor, making podcast creation something anyone could do with a tap. Now at Lightspeed, he sees AI bringing a similar leap to music, media, and everyday apps.In this conversation, he and Garry trace the arc from the early days of social audio to today's consumer AI boom—and dig into what founders should focus on as the next generation of creative tools takes shape.
Cursor Head of Design Ryo Lu has spent his career at the intersection of design and engineering—from building fan sites as a kid to designing products at Stripe, Asana, and Notion. Now he's rethinking how software itself gets made. On this episode of Design Review, Ryo joins YC's Aaron Epstein to break down how great product websites communicate what a company does. They walk through sites from early-stage startups, calling out the small choices in structure, clarity, and brand that help users understand a product instantly — and the ones that get in the way.
Starcloud recently made history by launching a satellite with an NVIDIA H100 into orbit — the first time a GPU that powerful has ever operated in space. It's the first step toward building AI data centers in orbit, powered by continuous sunlight and cooled by radiating heat into deep space.Their approach could one day rival the world's biggest data centers while using less energy, zero fresh water, and far lower emissions.In this episode of Hard Tech, YC's Aaron Epstein visits Starcloud's HQ, where co-founders Philip Johnston, Ezra Feilden, and Adi Oltean explain how they built a working prototype in just 15 months — and why big tech is racing to space for AI compute.
Most founders think hiring is about interviewing. But it's actually about selling.For Startup School, Juicebox co-founder & CEO David Paffenholz joins YC's Harj Taggar to share how early-stage founders can find, pitch, and close top engineering and sales talent— from crafting better outreach to winning great hires from Big Tech— even when you're an unknown startup.
Jake Heller is the co-founder & CEO of Casetext, the AI legal startup behind CoCounsel, which was acquired by Thomson Reuters for $650 million.In his talk at AI Startup School on June 17th, 2025, he shared how his team did it—from picking the right idea to building AI products that actually work—and how founders can turn a cool demo into a reliable tool used by real customers.
Nearly every modern AI model, from ChatGPT and Claude to Gemini and Grok, is built on the same foundation: the Transformer.In this video, YC's Ankit Gupta traces how AI learned to understand language — from early RNNs and LSTMs to attention mechanisms and the breakthrough 2017 paper Attention Is All You Need — the discovery that unlocked the modern AI era.
Every founder faces moments where they’re not sure what to do next — such as how to go to market with AI products, when to pivot, and who/when to hire. In this episode of Office Hours, YC partners Pete Koomen, Brad Flora, Nicolas Dessaigne, and Gustaf Alströmer answer real questions from founders and share stories about how great teams build conviction, learn faster, and make better decisions as they grow.
For years, we've heard two major narratives about AI. One predicting the end of human work, the other dismissing it as hype. The truth is more nuanced, and more hopeful.From radiology to software engineering, the pattern repeats: as technology makes tasks cheaper and faster, demand for human creativity and judgment grows.YC's Garry Tan explores what history, economics, and real companies show us— that technology doesn't replace people, it redefines what we can do.
Karri Saarinen is the co-founder and CEO of Linear, the issue tracking tool used by thousands of high-growth companies. Before Linear, he was the first designer at Coinbase and later a lead designer at Airbnb.On Design Review with YC's Aaron Epstein, Karri shares how his design background shaped Linear’s product philosophy, why quality and craft matter from day one, what founders should look for when hiring, and how AI is changing the way teams build. It’s a deep dive into building products that truly stand out.
Paul Gross and his team at Remora are trying to do something that’s never been done before. They're building mobile carbon capture devices for commercial trucks and trains—capturing CO2 from moving vehicles before it enters the atmosphere, then turning those emissions into revenue by selling it to customers that can turn the liquified CO2 into new products. In this episode of Hard Tech, YC's Gustaf Alströmer visits Remora's headquarters outside Detroit to see how a recent college grad with no engineering background is helping transform the $2 trillion transportation industry.
Jordan Fisher is the co-founder & CEO of Standard AI and now leads an AI alignment research team at Anthropic. In his talk at AI Startup School on June 17th, 2025, he frames the future of startups through questions rather than answers—asking how founders should navigate a world where AGI may be just a few years away.He surfaces the big questions startups should be asking in the age of AGI: Should you even start a company right now? What happens when software becomes commoditized? How do you build trust as teams shrink and AI takes on more responsibility?
Ever wonder what it actually takes to train a frontier AI model?YC General Partner Ankit Gupta sits down with Nick Joseph, Anthropic's Head of Pre-training, to explore the engineering challenges behind training Claude—from managing thousands of GPUs and debugging cursed bugs to balancing compute between pre-training and RL. We cover scaling laws, data strategies, team composition, and why the hardest problems in AI are often infrastructure problems, not ML problems.
We are entering the era of Fintech 3.0. Regulatory clarity, growing consumer adoption, and low-cost chains have paved the way for a golden age of building in crypto — and at YC, Base, and Coinbase we want to fund builders to seize this moment. In this episode of Main Function, YC's Harj Taggar and Base's Jesse Pollak sat down to discuss what kinds of companies they're most excited to see, why this is such an exciting time in crypto, and what the future could look like onchain.More on our latest RFS: https://www.ycombinator.com/blog/build-onchain
For nearly two decades, Box co-founder and CEO Aaron Levie has been at the frontlines of how technology reshapes work—guiding the company through the rise of mobile, the cloud, and now the age of AI.In his fireside with YC General Partner David Lieb at AI Startup School, Aaron reflects on what it means to adapt a company over the long term, the hard lessons of staying relevant across multiple technology waves, and why he believes AI represents the most transformative shift yet.
Amjad Masad is the co-founder & CEO of Replit, now valued at $3B after a recent $250M Series C. He's spent nearly a decade making programming accessible to all—and with the rise of AI, that vision is closer than ever.In this talk from AI Startup School on June 17, 2025, Amjad traces the arc of computing from mainframes to personal computers to a future where AI agents can create software on demand. He predicts that the value of traditional software will approach zero, fundamentally reshaping how companies are built and how work gets done.
Bob McGrew helped build some of the most influential technologies of the past two decades. Bob was an early engineer at PayPal, an early executive at Palantir, and was recently Chief Research Officer at OpenAI - where he led the development of ChatGPT, GPT-4 and the o1 reasoning model. During his time at Palantir, he was a pioneer of the Forward Deployed Engineer (FDE) model, a strategy that is at the heart of the AI boom today. On this episode of The Lightcone, he explains how FDEs became central to today's startups, why "doing things that don't scale at scale" works, and where he sees the biggest opportunities for founders working in AI.
Michael Truell on June 17th, 2025 at AI Startup School in San Francisco.At 25, Michael Truell has already built Cursor into one of the fastest-growing companies in AI coding, hitting $100M ARR in just a year. In this fireside chat with YC General Partner Diana Hu, he shares the lessons that came from years of failed projects with his co-founders, why he believes programming is still essential even as AI changes how we code, and how Cursor is taking on GitHub Copilot with the conviction that all of software development will flow through models.
OpenAI recently released its first open-weights model since GPT-2, entering a field led by DeepSeek and Alibaba's Qwen.YC's Ankit Gupta breaks down everything you need to know about these top OSS models, including what sets them apart under the hood. He’ll compare their approaches to mixture-of-experts, long-context training, and post-training techniques that shape reasoning and alignment—and explore how different design choices lead to surprisingly similar performance.
In this episode of Founder Firesides, YC General Partner Gustaf Alströmer is joined by Max Junestrand, co-founder and CEO of Legora, one of the fastest-growing legal AI startups in the world. In just 13 months, Max and his team scaled from 10 to 100 people, raised $80M, and cracked the challenge of selling to one of the most skeptical industries. Max shares insights on building a successful vertical AI company, selling to conservative markets, and sheds light on what the future of legal tech looks like.
Navigating B2B sales for the first time can feel slow and overwhelming.Drawing from his experience founding Monzo and GoCardless, YC's Tom Blomfield shares his playbook for running a tight sales process that lands real, recurring revenue. He walks through each step—free and paid pilots, opt-out contracts, long-term deals—and shows how to prove value and close customers.
Dylan Field on June 17th, 2025 at AI Startup School in San Francisco.Dylan Field co-founded Figma to bring the design process online and make it multiplayer. From a meme maker built on WebGL to a design platform powering millions, Figma’s journey hit a major milestone with its IPO last week.In this conversation, Dylan shares the early challenges of building in the browser, the early risks and pivotal choices that shaped Figma’s growth, the principles that guided its product and community, and how he thinks about building tools that empower creativity at scale.
Brothers Chaz and Arnie Englander started Model ML after building and selling two YC companies. What began as a tool to help them analyze deals has grown into a full AI-powered workspace purpose-built for financial services, empowering firms to create automations and workflows that reflect exactly how their teams operate. And it's already being used by 10% of the world's top investment banks and private equity firms to automate everything from client-ready PowerPoint decks to deep-dive research and due diligence—by orchestrating AI agents that work like expert team members. In this conversation with YC Partner Gustaf Alstromer, they discuss going from internal tool to production platform, the power of perseverance, and their ambition to build a billion-dollar company with just ten people.
Jared Kaplan on June 16th, 2025 at AI Startup School in San Francisco.Jared Kaplan started out as a theoretical physicist chasing questions about the universe. Then he helped uncover one of AI’s most surprising truths: that intelligence scales in a predictable, almost physical way.That insight became foundational to the modern era of large language models—and led him to co-found Anthropic.In this talk, he walks through how that discovery reshaped the path to human-level AI, what it means for future models like Claude, and why even the dumbest questions can lead to the biggest breakthroughs. He reflects on memory, oversight, and what’s left to solve as models grow smarter—and longer-horizon tasks come within reach.
For this episode of Design Review, YC’s Aaron Epstein is joined by Karri Saarinen, co-founder & CEO of Linear, one of the top designer-founders working today. Together, they'll review several sites from the YC community with an eye for how to build and maintain a high-quality brand. Thank you to these companies for volunteering to have their sites reviewed*:Sprites AI (https://www.sprites.ai)GigaML (https://gigaml.com)UnReal Milk (https://www.unrealmilk.com)Confident AI (https://www.confident-ai.com)Dropback (https://www.dropback.com)*Some of the featured websites may be updated between the time we film and publish
Chelsea Finn on June 17th, 2025 at AI Startup School in San Francisco.From MIT through her PhD at Berkeley, where she pioneered meta‑learning methods, and Google Brain, Chelsea Finn has built her career around teaching machines how to learn. Now an Assistant Professor at Stanford and co‑founder of Physical Intelligence, she’s using that foundation to bring learning-driven robotics into messy, real-world environments rather than confined lab setups.In this talk, Chelsea traces the evolution of her team’s work—from early experiments on robotic grasping and vision to today’s ambitious efforts at folding laundry, tidying kitchens, and generalizing across tasks—all without hand-crafted code. Instead, they used scalable foundation models and massive datasets, teaching robots physical common sense as they learn by doing. She shares stories of the rocky setbacks, the surprises hidden in data, and the moment it all clicked: robots equipped with generalizable physical intelligence can indeed adapt and assist in the unpredictable world around us.
Amjad Masad started Replit to make programming accessible to anyone, anywhere. What began as a tool for learning to code has grown into a platform pushing the limits of AI-assisted software creation and recently surpassed $100M in ARR.On The Breakdown with Tom and Dave, Amjad shares the journey from his early days in Jordan, working on open-source projects, to leading Replit through major pivots from "teach a billion people to code" to "let anyone build software." He discusses the evolving nature of programming, the future of work, and the next generation of human-computer collaboration.
John Jumper on June 16, 2025 at AI Startup School in San Francisco. John Jumper is a physicist-turned-computational biologist who led DeepMind’s AlphaFold team—and earned the 2024 Nobel Prize in Chemistry for solving protein folding, a decades-old scientific challenge. In this talk, he shares how a deep learning breakthrough at CASP14 turned into AlphaFold 1 and then AlphaFold 2, delivering atomic accuracy predictions and revolutionizing biology. He explains the scientific puzzle behind protein folding, the key algorithmic breakthroughs, and the impact of making millions of protein structures accessible to researchers worldwide.
Aravind Srinivas on June 16, 2025 at AI Startup School in San Francisco.Aravind Srinivas started Perplexity with one goal: to rethink how we search, browse, and interact with information online. In this conversation, he shares the journey from hacking together a natural-language-to-SQL search tool to building a product used by millions around the world.He talks about the big bet on the AI-powered browser, why agents—not just chatbots—are the next step, and how speed, accuracy, and focus help a startup compete against giants. Along the way, he reflects on co-founder dynamics, early technical challenges, and what it takes to keep building when the biggest players in the world are racing alongside you.
Andrew Ng on June 16, 2025 at AI Startup School in San Francisco.Andrew Ng has helped shape some of the most influential movements in modern AI—from online education to deep learning to AI entrepreneurship. In this talk, he shares what he’s learning now: why execution speed matters more than ever, how agentic workflows are changing what startups can build, and why concreteness beats vagueness when turning ideas into products. He reflects on the rise of AI coding assistants, the shifting bottlenecks in product development, and why, despite faster software, it’s still human judgment and responsibility that will shape what comes next.
François Chollet on June 16, 2025 at AI Startup School in San Francisco. François Chollet is a leading voice in AI. He's the creator of the Keras library, author of Deep Learning with Python, and the founder of the ARC Prize, a global competition aimed at measuring true general intelligence. He's spent years thinking deeply about what intelligence actually is—and why scaling up today’s AI models isn’t enough to reach it. In this talk, he walks through the limits of pretraining and memorized skills, and lays out a path toward true general intelligence—AI that can adapt on the fly, reason in new situations, and invent novel solutions. He explains why abstraction and compositionality matter, how ARC became the benchmark for progress, and what his team at a new research lab called Ndea is building next.
A fireside with Dr. Fei-Fei Li on June 16, 2025 at AI Startup School in San Francisco.Dr. Fei-Fei Li is often called the godmother of AI—and for good reason. Before the world had AI as we know it, she was helping build the foundation.In this fireside, she recounts the creation of ImageNet, a project that helped ignite the deep learning revolution by providing the data backbone modern computer vision needed. She walks through the early belief in data-driven methods, the shock of seeing convolutional networks outperform expectations in 2012, and how those breakthroughs led to captioning, storytelling, and ultimately, generative models.Now, she’s taking on one of AI’s hardest frontiers: spatial intelligence. Fei-Fei shares why modeling the 3D world is essential for AGI—and why it may be even more difficult than language.
Kirsten Green, founder of Forerunner Ventures, has backed some of the most iconic consumer brands of the past two decades — from Warby Parker to Chime to Dollar Shave Club. In this conversation with Garry, she shares how great products (not marketing tricks) still win, why AI is unlocking a new kind of emotional relationship between consumers and technology, and what founders can learn from the messy creative stage we're in right now. She also breaks down how shifts in distribution, wellness, and digital behavior are reshaping what it means to build for real human needs.
A fireside with Satya Nadella on June 17, 2025 at AI Startup School in San Francisco.Satya Nadella started at Microsoft in 1992 as an engineer. Three decades later, he’s now Chairman & CEO, navigating the company through one of the most profound technological shifts yet: the rise of AI.In this conversation, he shares how Microsoft is thinking about this moment— from the infrastructure needed to train frontier models, to the social permission required to use that compute. He draws parallels to the early PC and internet eras, breaks down what makes a great team, and reflects on what he’d build if he were starting his career today.
A fireside with Sam Altman at AI Startup School in San Francisco.Sam Altman grew up obsessed with technology, broke into the Stanford mainframe as a kid, and dropped out to start his first company before turning 20.In this conversation, he traces the path from early startup struggles to building OpenAI—sharing what he’s learned about ambition, the weight of responsibility, and how to keep building when the whole world is watching. He opens up about the hardest moments of his career, the limits of personal productivity, and why, in the end, it's all still about finding people you like working with and doing something that matters.
A fireside with Elon Musk at AI Startup School in San Francisco.Before rockets and robots, Elon Musk was drilling holes through his office floor to borrow internet. In this candid talk, he walks through the early days of Zip2, the Falcon 1 launches that nearly ended SpaceX, and the “miracle” of Tesla surviving 2008. He shares the thinking that guided him—building from first principles, doing useful things, and the belief that we’re in the middle of an intelligence big bang.
Andrej Karpathy's keynote at AI Startup School in San Francisco.Drawing on his work at Stanford, OpenAI, and Tesla, Andrej sees a shift underway. Software is changing, again. We’ve entered the era of “Software 3.0,” where natural language becomes the new programming interface and models do the rest.He explores what this shift means for developers, users, and the design of software itself— that we're not just using new tools, but building a new kind of computer. Slides provided by Andrej: https://drive.google.com/file/d/1a0h1mkwfmV2PlekxDN8isMrDA5evc4wW/view?usp=sharing
Michael Truell, co-founder and CEO of Anysphere, the company behind Cursor, joins Garry to talk about building one of the fastest-growing startups of all time—and why he's betting on a future beyond code. He walks through the early insights that led his team to leave a promising AI-powered CAD project and instead chase a bigger dream: reinventing how software is written. From years of false starts and rewrites to Cursor's breakthrough moment, Michael explains what it takes to build a tool that could eventually replace programming as we know it. He also reflects on their first 10 hires, why taste still matters and how the decade ahead will unlock a new kind of creativity for builders everywhere.
Fusion may still sound like science fiction— but it might not be for much longer. With AI pushing demand for clean power to new highs, a breakthrough may finally be close. For Decoded, YC General Partner Gustaf Alstromer traces the history of fusion, the physics behind it, and the engineering challenges that stalled it for nearly a century. He also looks at how Helion is approaching the problem differently, as they develop a new fusion system expected to deliver power to Microsoft by 2028.
In this episode of The Breakdown, Tom and Dave are joined by fellow YC General Partner Pete Koomen to lay out a new vision for how AI should actually work: not as a chatbot bolted onto legacy software, but as a customizable tool that helps people offload the work they don't want to do. From editable system prompts to agents that act more like collaborators, they dig into what it means to build AI-native software—and why the future belongs to products that let users teach machines how to think.
Coding agents are no longer a distant idea—they're already starting to reshape how we work. YC's Tom Blomfield and David Lieb discuss how AI coding tools are transforming software development, why small, high-agency teams will be able to do what once took armies of engineers, and why there's never been a better time to start something new. They explore the bigger picture too: a future where there's abundance, knowledge work becomes more accessible, and founders have more leverage than ever before. If you're thinking about building, there's no better moment than right now.
AI can't yet one-shot an entire product—but with the rise of vibe coding, it's getting close. YC's Tom Blomfield has spent the last month building side projects with tools like Claude Code, Windsurf, and Aqua, seeing just how far you can push modern LLMs. From writing full-stack apps to debugging with a single paste of an error message, AI is becoming a legit collaborator in the dev process. This is a playbook for anyone who wants to get the most out of vibe coding and build faster.
Imagine ordering groceries and having them show up at your doorstep in just 10 minutes. That’s the promise of Zepto, the fastest-growing e-commerce company in India. In this episode of How To Build The Future, Garry sits down with Aadit Palicha, the co-founder and CEO of Zepto, to discuss how they got started in a Whatsapp group, what it’s like going up against incumbents like Amazon and Zomato and how the future of e-commerce is changing in the age of intelligence.
Not long ago, America led the world in building and innovation. But over the past 50 years, bureaucracy and red tape have made it nearly impossible to get big things done. Still, there’s a growing movement to turn that around — to build faster, smarter, and better than ever before. In this episode of The Main Function, Garry sits down with Atlantic staff writer and Plain English podcast host Derek Thompson to discuss his new book Abundance (co-authored with Ezra Klein). They discuss how we got here, what needs fixing, and what a bold, more prosperous 2050 could look like.
In this special episode of Design Review, Aaron sits down with Raphael Schaad, the Head of Calendar at Notion to discuss his leap from designer to founder, why illustration is an important first step when building a new product, and what ultimately makes designers uniquely qualified to start a company today.
12 years after starting DoorDash, co-founder & CEO Tony Xu and his employees still do deliveries every year, staying true to their core value: customer obsession. Today, DoorDash is the largest food delivery platform in the US. In this episode of How to Build the Future, Tony explains how their unwavering long-term vision won — helping create a new market while surviving near death and a global pandemic along the way.
Gusto (https://gusto.com) made payroll and HR painless for small businesses, growing into a $9.6B company along the way. Co-founder & CEO Josh Reeves joined YC's Harj Taggar to share how they built a payroll company from scratch and their customer-first approach to product design and culture.
Design isn’t just about making things work—it’s about how they work, says Dylan Field, the co-founder & CEO of Figma.As AI transforms tech, he believes a designer's judgment, taste, and agency will matter more than ever. Dylan sat down with YC's Garry Tan to discuss the evolving world of design in the age of AI, the challenging early days at Figma, and how his team forever changed the way designers and engineers collaborate.
YC General Partner David Lieb sits down with Aravind Srinivas, the co-founder and CEO of Perplexity, to discuss his origins in Silicon Valley, what it's like to compete with Google, and what the future of search could look like. Apply to Y Combinator: https://ycombinator.com/apply
Imagine flying from NY to London in just a few hours. That’s the future that Blake Scholl and his team at Boom Supersonic are working towards. Blake started as a software engineer and pivoted mid-career to aviation. Now, he’s at the forefront of trying to bring back supersonic travel for all of us. In this episode of Hard Tech, YC’s Jared Friedman visited Blake in the Mojave desert to find out how someone who didn’t have a background in aerospace engineering was able to build the first-ever independently developed supersonic plane.
Many startups fail because they run out of money. So how should you think about how to spend the money you raise? In this episode of Office Hours, YC General Partners Brad Flora, Pete Koomen, Nicolas Dessaigne, and Gustaf Alströmer discuss how to spend responsibly at each stage of a startup— including advice on when to hire, whether to invest in marketing and what spending mistakes to avoid. Apply to Y Combinator: https://ycombinator.com/apply
According to OpenAI's former Chief Research Officer Bob McGrew, reasoning and test-time compute will unlock more reliable and capable AI agents— and a path to scale to AGI. In this episode of How to Build the Future, YC's @garrytan sits down with Bob to discuss the lessons learned from his time at OpenAI, scaling laws, his advice for startups, and what all of this means for the jobs of the future.
AI continues to improve at an exponential pace. So what can you do as a founder to take advantage of it? In this episode of Office Hours, YC Partners discuss what you should consider if you’re thinking about pivoting to or incorporating AI as part of your startup.
In this episode of How to Build the Future, Garry sits down with Parker Conrad, Co-founder & CEO of Rippling, the all-in-one HR, Finance, and IT software company that’s valued at $13.5 billion. Parker is the co-founder of two unicorns and has one of the more dramatic startup journeys in recent years. In this interview, he shares his origin story, the lessons learned from his first two companies, how AI is changing the game, and why he thinks the future will be defined by "compound" software startups.
Two-time founder Rujul Zaparde knows a thing or two about resilience and learning from failure. After dropping out of college to build FlightCar, he worked as a PM at Airbnb, and later as a visiting partner at YC. In 2020, he co-founded Zip, a procurement software company that has since raised $370 million and reached a $2.2 billion valuation. In this conversation with YC's Dalton Caldwell, Rujul demystifies the world of enterprise sales, shares his hard-earned lessons about scaling a business from zero, and explains how founders can use first-principles thinking to better approach the challenges of building a startup.
YC General Partner David Lieb’s story is all about perseverance. In 2008 he co-founded Bump, one of the hottest startups of the early iPhone era. But even with 150 million users, he couldn’t find a way to create a sustainable business. For many founders, that would be the end of the road. But he didn’t quit there. Instead, David and his team pivoted several times, got acquired, and eventually went on to build Google Photos. In this episode of Backstory, he shares his advice for finding the right idea, what mistakes to avoid, and how to maintain a positive mindset no matter what gets thrown at you.
YC's Nicolas Dessaigne was the co-founder and CEO of @algolia, a Search API used by millions of developers to build great search experiences into their apps and websites. Today it powers over 1.75 trillion searches annually for 17,000+ customers worldwide. In this episode of Startup School, @dessaigne shares his advice for founders building a dev tools company from the ground up— covering everything from team and idea to GTM and sales.
Since Twitter rebranded to X, the platform has added new features and implemented a few major updates to both its UX and algo. So what can founders interested in product design learn from all this? In the first episode of our new series, The Breakdown, YC’s Tom Blomfield (co-founder of Monzo) and David Lieb (creator of Google Photos) take a closer look at X to find what lessons there are for founders building consumer products.
It’s fair to say that few people in tech are positioned to have a bigger impact on the future than Sam Altman. At OpenAI, Sam and his team have overseen monumental leaps forward in machine learning, generative AI, and most recently, LLMs that can reason at PhD levels. And this is just the beginning. In his latest essay Sam predicted that ASI (Artificial Super Intelligence) is just a few thousand days away. So how did we get to this point? In this episode of our rebooted series "How To Build The Future," YC President and CEO Garry Tan sits down with Sam to talk about the origins of OpenAI, what’s next for the company, and what advice he has for founders navigating this massive platform shift.
The biggest companies in the world all had to start somewhere. In this episode of Office Hours, the Group Partners explore the humble origins of several top YC companies to try and identify common traits of the most successful founders. They’ll explore what it takes to keep your company alive in the early days, where to focus your energy and how to find product market fit that leads you to mega success.
Stripe, Airbnb and Lyft are a few of the most successful companies of the past decade. And there are at least two things they all have in common - great design, and Katie Dill. Katie was Head of Experience Design at Airbnb, led the design team at Lyft and is now Head of Design at Stripe. We spoke with Katie about her design philosophy, what sets companies like Stripe apart, and how important it is to instill a culture of design in your startup from day one.
Building a startup and trying to break into an established market is very difficult, especially if you’re trying to do it alone! That’s why it’s critical to find the right co-founder for the journey. In this episode of Startup School, YC Group Partner Harj Taggar explains why you need a co-founder, when to bring them on, where you can find one and how to maintain the relationship.
Whether it's for sales, recruiting or making new connections, cold outreach is a necessary tool for helping build your startup. But as you probably know, most cold emails either are ignored or end up in the trash. So what can you do to make sure your emails break through the noise? In this episode of Startup School, YC Group Partner Aaron Epstein shares expert advice on how to write cold emails that have all the right ingredients to get noticed and convert new customers.
At YC our motto is make something people want. But how do you actually know if you’ve accomplished that in the early days? One of the best ways to measure successful growth is a concept called cohort retention, which tracks the fraction of new users that come back time and time again to use your product. In this episode of Startup School, YC Group Partner David Lieb explains how to define cohorts, track active users and determine the appropriate time frame for measuring successful retention rates.
In order to get your startup off the ground it's critical to keep your co-founders motivated. One of the best ways to do that is to figure out a fair co-founder equity split. In this episode of Startup School, YC Group Partner Michael Seibel explains the ins and outs of co-founder equity, why it's important to be generous with that equity, and how to avoid bad advice that can lead to co-founder breakups.
After co-founding the successful Chinese smartphone maker OnePlus, Carl Pei felt the tech industry was missing the fun and wonder he remembered as a dedicated gadget fan growing up in Sweden. Pei decided to launch a new smartphone brand, this time with an increased focus on thoughtful user interface and stylish yet practical designs. In only two years, the brand known as "Nothing" has gained a cult following and gone to $600 million in annualized revenue. On this episode of The Main Function, Pei reflects on the highs and lows that have come with the journey of pursuing excellence in hard tech.
If you're a startup founder, how much should you charge for your product or service? It's a simple question that can make many lock up. What number should you pick? In this episode of Startup School, YC Group Partner Tom Blomfield guides you on how to come up with a price and then justify that number to customers.
Launching a company is often pictured as a big splashy event with lots of media attention and hype. This can be scary! It also often results in founders delaying their launches, which then stalls the crucial lessons they could be learning. In this episode, YC Partners discuss this common hesitation and why it can be harmful to the journey and growth of a startup.
Y Combinator Partner Pete Koomen led his startup, Optimizely, to $100M ARR. In this video, Pete breaks down the enterprise sales funnel and shares his top tips on how a technical founder can start closing real deals for their startup.
A little over ten years ago Paul Graham published the essay "Do Things That Don't Scale." At the time, it was highly controversial advice that spoke to the drastically different needs of an early startup versus the needs of a much larger, more established company. YC Partners discuss PG's essay, its influence on Silicon Valley, and some prime examples of YC founders that embraced the mantra "Do Things That Don't Scale." Read Paul Graham's essay here: http://paulgraham.com/ds.html
Over the past decade crypto has been declared dead hundreds of times. But with the price of Bitcoin surging over the past few months it’s clear that there are still enormous opportunities in this space. And few people know that better than Chandan Lodha, the co-founder of CoinTracker (W18), a crypto asset management and tax filing platform. He and his team have navigated several boom and bust cycles over the years and in this latest episode of The Main Function, you’ll hear about how they built their company, the time it nearly fell apart, and how they used a crypto winter to retool and emerge stronger than ever.
In this episode of Startup School, YC Partner Tom Blomfield dives deeper into the metrics that matter most for consumer startups. Tom discusses paid and organic user growth, unit economics, net promoter scores, and the "magic moment" in your product that is most important to track.
When you’re making important decisions as a founder — like what to build or how it should work — should you spend lots of time gathering input from others or just trust your gut? In this episode of Dalton & Michael, we talk more about this and how to know when you should spend time validating and when to just commit. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
One trait that many great founders share is conviction. In this episode of Dalton & Michael, we’ll talk about finding confidence in what you're building, the dangers of inaccurate assumptions, and a question founders need to ask themselves before they start trying to sell to anyone else. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
Startups need to innovate to succeed. But not all innovation is made equal and reinventing some common best practices could actually hinder your company. In this episode, Dalton Caldwell and Michael Seibel discuss the common innovation pitfalls founders should avoid so they can better focus on their product and their customers. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
Within the world of startups, you'll find lots of discourse online about the experiences of founders bootstrapping their startups versus the founders who have raised venture capital to fund their companies. Is one better than the other? Truth is, it may not be so black and white. Dalton Caldwell and Michael Seibel discuss the virtues and struggles of both paths. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
Based on the thousands of companies YC has funded over the years, the biggest common element between all successful startups is having technical talent on the founding team. But what do you do if you don't know how to code? You may think you can get by using no-code tools, part-time consultants, or dev shops to bring your startup idea to life. But that thinking is wrong. In this episode of Dalton & Michael, we’ll discuss exactly why that is and why recruiting a technical co-founder is the single biggest way to create value as someone trying to start the next big thing. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
In this episode of Startup School, YC Group Partner Tom Blomfield discusses one of the most important elements of running any startup: metrics! Tom shares what key metrics to track and how to use them to make the best decisions for your company. Apply to Y Combinator: https://yc.link/SUS-apply Work at a startup: https://yc.link/SUS-jobs
Social media often promotes a doom and gloom outlook about our future society. But is that worldview accurate? In this episode, Dalton Caldwell and Michael Seibel discuss the best ways for founders and aspiring founders to think about weighing optimism and pessimism in their day to day lives. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
Casetext started out in 2013 as a crowdsourced law library — a sort of “Wikipedia meets Reddit” for the law. Ten years later, Casetext is one of the biggest wins to date in AI, capable of turning weeks of arduous legal work into hours or minutes. Just months ago it was acquired for $650 million dollars. What happened between those two points? For this episode of Main Function, YC President Garry Tan sits down with Casetext co-founder Jake Heller to learn the real story of their 10-year “overnight” success: the 3 a.m. origin story, how the company evolved as fast as tech would allow, and the “magic demo” that helped turn Casetext into a rocket ship. Apply to Y Combinator: https://yc.link/MainFunction-apply Work at a Startup: https://yc.link/MainFunction-jobs
The stories are true: technical founders (and early technical employees!) often end up with the short end of the stick when starting a company. In this episode of Dalton & Michael, we’ll discuss the questions and best practices that an aspiring technical founder should think about — whom to start a company with, and how to think about things like equity split and division of responsibilities. Know what you are worth and act accordingly! Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
If you’re an employee of a late stage company right now, how would you know when it’s time to move on vs. time to double down? The fact is there isn't an easy answer — it can really vary from person to person and situation to situation. In this video, YC Group Partners, Michael Seibel and Dalton Caldwell share some suggestions on what sort of things an employee of a late stage startup should be looking for — the good signs and the bad — to best make this decision. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
Should you and your startup live in San Francisco? Y Combinator Partners, Michael Seibel and Dalton Caldwell, debate their different opinions on whether startups are more likely to succeed in the Golden City or elsewhere. Where do they find common ground? Watch to find out. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
How will the rise of AI impact startups and entrepreneurs? Join Michael Seibel and Dalton Caldwell for a discussion on the opportunities and challenges AI brings for founders. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
When it comes to building a startup you’re never doing it entirely from scratch. Inspiration and ideas can come from a variety of places, including other successful startups. But there’s a thin line between borrowing smart ideas and copying them blindly - otherwise known as Cargo Culting. In this episode Dalton and Michael break down the problem with Cargo Culting and offer advice on the right way to draw inspiration from other successful companies. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
YC Visiting Group Partner Divya Bhat talks about how to set your KPIs (key metrics) and how to prioritize your time. This talk helps founders launch faster and set goals in order to make real progress. Apply to Y Combinator: https://yc.link/SUS-apply Work at a Startup: https://yc.link/SUS-jobs
YC Group Partner Diana Hu was the CTO of her YC startup Escher Reality, which was acquired by Niantic (makers of Pokemon Go). She shares her advice for being a technical founder at the earliest stages - including topics like how to ship an MVP fast, how to deal with technology choices and technical debt, and how and when to hire an engineering team. Apply to Y Combinator: https://yc.link/SUS-apply Work at a startup: https://yc.link/SUS-jobs
Successful startups don’t just build technology – they solve human problems. The key is listening to the people who really matter: your customers. In this episode, Michael and Dalton discuss how spending real time with your users can unlock insights and growth. Hear the stories of how Airbnb and Brex built billion-dollar companies by forging genuine connections with their customers and learn why having too much money and too many people can actually slow down learning. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
If you're a high school or college student with big dreams of starting your own company, this video is for you. Dalton Caldwell and Michael Seibel, two startup founders who started in the early 20s and are now top investors, sit down to share the hard-won advice they wish they had known back in high school. Whether you're already running your own startup or just have an idea you can't stop thinking about, Dalton and Michael cover the skills you need to learn now and how to set yourself up for success after graduating school. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
Y Combinator is well-known for producing companies like Airbnb, Stripe, Coinbase and more. But what's the real story behind the success of YC and the companies they fund? This is everything you need to know about the program. Apply to Y Combinator: https://yc.link/MainFunction-apply Work at a Startup: https://yc.link/MainFunction-jobs
YC Group Partner Brad Flora has seen startup fundraising from every angle: as a founder, as one of the most prolific angel investors in Silicon Valley, and now as a YC Group Partner. Brad has coached hundreds of companies on fundraising. In this talk, he shares stories and advice on how modern startup fundraising works. Paul Graham Fundraising Essays: http://www.paulgraham.com/fundraising.html http://www.paulgraham.com/startupfunding.html http://www.paulgraham.com/convince.html http://www.paulgraham.com/herd.html Geoff Ralston's Fundraising Guides: https://www.ycombinator.com/library/4A-a-guide-to-seed-fundraising https://www.youtube.com/watch?v=gcevHkNGrWQ YC Fundraising Resources: https://www.ycombinator.com/library/2u-how-to-build-your-seed-round-pitch-deck https://www.ycombinator.com/library/6q-how-to-pitch-your-startup https://www.ycombinator.com/library/71-how-to-get-meetings-with-investors-and-raise-money https://www.ycombinator.com/library/4O-raising-money-online-advice-for-startups https://www.ycombinator.com/library/3u-different-types-of-investors-and-their-incentives Apply to Y Combinator: https://yc.link/SUS-apply Work at a startup: https://yc.link/SUS-jobs
YC Group Partner, Michael Seibel, explains how to build a minimum viable product (MVP) for your startup idea. Using examples from real YC companies, Michael walks through how to determine your MVP feature set, build prototypes and demos for user testing, and present your MVP to early customers or investors. Apply to Y Combinator: https://yc.link/SUS-apply Work at a startup: https://yc.link/SUS-jobs
In this first in-person episode, Michael Seibel and Dalton Caldwell reveal how startups can gain a competitive advantage by doing something deceptively simple. They share compelling stories of companies that built loyal relationships and achieved success by making personal connections with users. In contrast, they discuss the traps early-stage founders make by trying to emulate big tech. If you want to build a business that customers love and that thrives in the long run, this advice on why caring deeply about your customers is key.Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
What is a large language model? How can it be used to enhance your business? In this conversation, Ali Rowghani, Managing Director of YC Continuity, talks with Raza Habib, CEO of Humanloop, about the cutting-edge AI powering innovations today—and what the future may hold. They discuss how large language models like Open AI's GPT-3 work, why fine-tuning is important for customizing models to specific use cases, and the challenges involved with building apps using these models. If you're curious about the ethical implications of AI, Raza shares his predictions about the impact of this quickly developing technology on the industry and the world at large. Apply to Y Combinator: https://www.ycombinator.com/apply/
Y Combinator group partners Michael Seibel and Dalton Caldwell discuss the importance of having honest and difficult conversations with startup founders. While having hard conversations can be uncomfortable, Michael and Dalton argue that this transparency is essential for founders to grow and ultimately, these experiences help founders have their own hard conversations that they've been avoiding with the people around them.Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
YC's Kat Mañalac wants to change the way you think about launching. In her talk, she shares the multitude of ways to launch and get attention for your product, with tangible strategies and examples from companies like Airbnb. Apply to Y Combinator: https://www.ycombinator.com/apply/
Step inside the Group Partner Lounge to hear Y Combinator Group Partners Harj Taggar, Michael Seibel and Brad Flora discuss the advantages of being a first-time founder and the instances when it pays to have experience founding a startup in the past. Apply to Y Combinator: https://www.ycombinator.com/apply/ Work at a Startup: https://www.workatastartup.com/
What happens when the unconventional becomes conventional? Michael Seibel and Dalton Caldwell discuss how the startup world has changed from being dominated by outsiders and nonconformists to now attracting more mainstream conformists looking for status and money. They share stories of what the tech scene was like when they were in school - and how radically different it is today, while offering their advice around navigating a world that doesn't always reward nonconformists embarking on risky entrepreneurial journeys. Don't just think different, act different.Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
Step inside the Group Partner Lounge to hear Y Combinator Group Partners Harj Taggar, Michael Seibel and Brad Flora discuss the many different mistakes founders make when they approach hiring for their startup and how to grow your team the correct way. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
How do you find a co-founder and build a great partnership? YC's Catheryn Li (who also built our Co-Founder Matching tool) and Visiting Partner Divya Bhat cover the importance of having co-founders, how to get & vet one, and the ways to build a successful working relationship with them.Apply to Y Combinator: https://yc.link/SUS-apply Work at a Startup: https://yc.link/SUS-jobs Looking for a co-founder? Sign up for Co-Founder Matching: https://www.ycombinator.com/cofounder-matching
Step inside the Group Partner Lounge to hear Y Combinator Group Partners Harj Taggar, Michael Seibel and Brad Flora discuss the traps founders often fall into when looking at the competition. They identify the particular types of companies you should watch out for and many more you are wasting your time worrying about. Apply to Y Combinator: https://www.ycombinator.com/apply/
If you're looking to maximize your startup's potential, start by setting the right goals. Michael Seibel and Dalton Caldwell provide tips and strategies for setting goals that will help keep you and your new business focused on success—plus provide examples of bad goals to avoid. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
Step inside the Group Partner Lounge to hear Y Combinator Group Partners Harj Taggar, Michael Seibel and Brad Flora discuss how you should handle rejection from investors and why you should "believe the no, not the why." Apply to Y Combinator: https://www.ycombinator.com/apply/
Step inside the group partners' lounge to hear Y Combinator Partners Harj Taggar, Michael Seibel and Brad Flora discuss how startups should approach launching and the exceptions to the rules. Apply to Y Combinator: https://www.ycombinator.com/apply/
How do you get your first customers? YC Group Partner & former Head of Growth at Airbnb, Gustaf Alströmer, gives tactical advice to answer this question for all kinds of companies — whether you're B2B or B2C — and discusses why it's important for founders to do sales early on.Apply to Y Combinator: https://yc.link/SUS-apply Work at a Startup: https://yc.link/SUS-jobs
One of the most common topics that founders ask us about is pricing and monetization. In this talk, YC Group Partner Aaron Epstein outlines 9 different business models, and highlights lessons from top YC companies on how to best monetize and price your product.Business Model Guide: https://www.ycombinator.com/library/Gh-business-model-guideApply to Y Combinator: https://yc.link/SUS-apply Work at a Startup: https://yc.link/SUS-jobs
YC often says "talk to your users", but actually doing that is surprisingly tricky. YC Group Partner Gustaf Alströmer gives non-obvious advice on how to talk to both current and potential users, how to run a great user interview, and how to interpret the feedback in these conversations. Apply to Y Combinator: https://yc.link/SUS-apply Work at a Startup: https://yc.link/SUS-jobs
YC's Jared Friedman shares a framework for how to get and evaluate startup ideas. He delves into examples of YC companies and the inside stories of how they came up with the ideas that turned into billion-dollar companies. Even if you have an existing idea, this talk helps founders confirm that their idea is good and/or provides a framework for a future pivot.Apply to Y Combinator: https://yc.link/SUS-apply Work at a Startup: https://yc.link/SUS-jobs
In this episode of Startup School, YC Group Partner Harj Taggar shares his advice on the types of people best suited to be startup founders and how to prepare to start a company in the future.Apply to Y Combinator: https://yc.link/SUS-apply Work at a Startup: https://yc.link/SUS-jobs
Thinking of a new startup idea? Dalton Caldwell and Michael Seibel discuss the types of ideas to stay away from—what we commonly refer to as "tarpit ideas." Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
With the YC S22 batch coming to a close, Dalton Caldwell and Michael Seibel reflect on the recent batch and their experience fundraising. The two group partners also clear up some misconceptions about Y Combinator based on feedback from founders.Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
Dalton Caldwell and Michael Seibel discuss the qualities that make a founder overly optimistic or far too pessimistic about their startup. Where is the right middle ground?Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs
Dalton Caldwell and Michael Seibel discuss the problems with zero sum games within tech culture. Is your startup making a positive impact on the world or are your business practices a net negative in society? Apply to Y Combinator: https://www.ycombinator.com/apply/
Dalton Caldwell and Michael Seibel discuss the best approaches to developing a healthy lifestyle that ultimately helps you run and grow a successful startup. Funders, take care of yourselves out there. Apply to Y Combinator: https://www.ycombinator.com/apply/
Dalton Caldwell and Michael Seibel on the midwit meme, how it applies to startups, and the best example: Elon Musk. Apply to Y Combinator: https://www.ycombinator.com/apply/
Dalton Caldwell and Michael Seibel on software hacks that don't scale. Companies discussed include Google, Facebook, Twitch, and imeem. Watch the first video on doing things that don't scale here: https://youtu.be/4RMjQal_c4U Apply to Y Combinator: https://www.ycombinator.com/apply/
Dalton Caldwell and Michael Seibel on common pitfalls in the advice from different types of investors and why you, the founder, are ultimately responsible for the success of your company. Apply to Y Combinator: https://www.ycombinator.com/apply/
Dalton Caldwell and Michael Seibel talk about Paul Graham's essay "Do Things That Don't Scale" and what it really means for founders. Read the essay here: http://paulgraham.com/ds.html Apply to Y Combinator: https://www.ycombinator.com/apply/
Dalton Caldwell and Michael Seibel talk about the importance of understanding incentives and doing research when it comes to building a world-changing startup. To create Rookies Mistakes we asked YC founders: Is there a simple fact you wish you knew when you started your company or a rookie mistake you wish you could take back? Apply to Y Combinator: https://www.ycombinator.com/apply/
Dalton Caldwell and Michael Seibel talk about OpenSea, Gusto, and the importance of building simple products that solve a real problem. To create Rookies Mistakes we asked YC founders: Is there a simple fact you wish you knew when you started your company or a rookie mistake you wish you could take back? Apply to Y Combinator: https://www.ycombinator.com/apply/
Dalton Caldwell and Michael Seibel talk about where the ideas for Airbnb, Coinbase, and Stripe came from. Then they discuss what you can learn from these founders. To create Rookies Mistakes we asked YC founders: Is there a simple fact you wish you knew when you started your company or a rookie mistake you wish you could take back? Apply to Y Combinator: https://www.ycombinator.com/apply/
Dalton Caldwell and Michael Seibel on the importance of talking to your users, why successful founders are ok with rejection from potential customers, and how protecting your ego by not talking to your users can kill your startup. To create Rookies Mistakes we asked YC founders: Is there a simple fact you wish you knew when you started your company or a rookie mistake you wish you could take back? Apply to Y Combinator: https://www.ycombinator.com/apply/
Dalton Caldwell and Michael Seibel talk about solutions in search of a problem, whether or not to follow your passion, how to figure out what to work on, and how to motivate yourself. To create Rookies Mistakes we asked YC founders: Is there a simple fact you wish you knew when you started your company or a rookie mistake you wish you could take back? Apply to Y Combinator: https://www.ycombinator.com/apply/
Dalton Caldwell and Michael Seibel talk about investor terms and incentives. To create Rookies Mistakes we asked YC founders: Is there a simple fact you wish you knew when you started your company or a rookie mistake you wish you could take back? Apply to Y Combinator: https://www.ycombinator.com/apply/
Michael Seibel and Dalton Caldwell are back for episode 2 of Rookie Mistakes to discuss common mistakes founders make when fundraising, and how to avoid them. Apply to Y Combinator: https://www.ycombinator.com/apply/ Work at a startup: https://www.ycombinator.com/jobs
Gusto (YC W12) provides growing businesses with everything to take care of their team. Today, more than 200,000 businesses use Gusto for payroll, employee benefits, talent management, and more. And with the recent addition of Gusto Embedded, developers now use Gusto’s APIs and pre-build UI flows to embed payroll, tax filing, and payments infrastructure into products. YC’s Anu Hariharan sat down with Gusto co-founder and CPO Tomer London to talk about building for new customer segments and the future of embedded finance — sharing advice for startup founders and CEOs along the way. Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/
In the first episode of Rookie Mistakes, Dalton Caldwell and Michael Seibel discuss co-founder mistakes. To create Rookies Mistakes we asked YC founders: Is there a simple fact you wish you knew when you started your company or a rookie mistake you wish you could take back? Apply to Y Combinator: https://www.ycombinator.com/apply/ Work at a startup: https://www.ycombinator.com/jobs
Dalton Caldwell and Michael Seibel discuss the best approaches to managing the many setbacks startup founders can face over the lifetime of starting and running a business. Apply to Y Combinator: https://www.ycombinator.com/apply/ Work at a startup: https://www.ycombinator.com/jobs
Dalton Caldwell and Michael Seibel discuss Paul Graham's essay "Default Alive or Default Dead." They share strategies to cut your company's burn rate and keep your startup alive to see another day. Paul Graham's essay: http://www.paulgraham.com/aord.html Trevor Blackwell's startup growth calculator: http://growth.tlb.org Apply to Y Combinator: https://www.ycombinator.com/apply/ Work at a startup: https://www.ycombinator.com/jobs
Dalton Caldwell and Michael Seibel discuss the struggles of working at FAANG (Facebook, Apple, Amazon, Netflix, Google) and how to strategize leaving a big tech job to become a founder at a startup. Apply to Y Combinator: https://www.ycombinator.com/apply/ Work at a startup: https://www.ycombinator.com/jobs
Dalton Caldwell and Michael Seibel take a look at Paul Graham's essay "Maker's Schedule, Manager's Schedule" and share tips on how to be more effective and productive on the journey to creating a billion dollar business. Read PG's essay here: http://www.paulgraham.com/makersschedule.html Apply to Y Combinator: https://www.ycombinator.com/apply/ Work at a startup: https://www.ycombinator.com/jobs
Diego Saez Gil is the founder of Pachama. Pachama is building a marketplace where companies can support carbon offset projects. The YC podcast is hosted by Craig Cannon. Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year. Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/ *** Topics 00:00 - Welcome Gustaf and Diego 01:19 - Diego's background06:50 - What is Pachama?09:25 - Using remote sensing to track carbon11:37 - Connecting disparate groups13:04 - How much carbon does a typical company offset?15:28 - How big is the reforesting opportunity?17:09 - What are the incentives to offset carbon?18:40 - Why don't people trust carbon offsets?20:33 - What are the different forest conservation methods?25:20 - How does Pachama use technology?29:00 - Growth challenges30:20 - Who are the customers?32:12 - The future of the carbon market32:48 - Fundraising for a climate startup37:50 - Advice for people that want to start working in the climate change space.41:38 - Climate policy43:23 - What are the most important things happening in the space?45:10 - The benefits of agroforestry and permaculture
Amber Atherton is the founder and CEO of Zyper (YC W18).Iba Masood is the cofounder and CEO of TARA (YC W15).The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/ ***Topics00:00 - Intro1:16 - Seed fundraising for Zyper and Tara3:26 - Tara's pivot4:31 - Series A fundraising for Zyper and Tara18:11 - Evaluating investors23:46 - Meeting with associates and partners30:35 - Raising a Series A as a female founder39:31 - Fundraising psychology 41:46 - What not to do when fundraising 45:01 - Talking to portfolio companies about investors46:21 - What it's like to run a Series A stage company 1:00:41 - The most important piece of advice for fundraising
Laks Srini is the cofounder and CTO of ZeroDown. Before that he was the cofounder and CTO of Zenefits.You can find him on Twitter at @laks_srini.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/ ***Topics00:00 - Intro00:30 - What is ZeroDown?1:50 - How did they test the idea?3:50 - What did they learn from companies that failed in the space?8:00 - Breaking down the product11:25 - ZeroDown's customers13:35 - Expanding to other markets15:50 - What if a downturn happens?17:10 - ZeroDown's hiring strategy20:10 - What are their hardest technical challenges?22:05 - ZeroDown's breadth and product strategy26:40 - Customer interviews28:35 - Should everyone own a house?29:50 - Home ownership in the future32:45 - Build something you really want to see in the world34:40 - Working with his cofounders was the most important consideration
Matt Cutts is the Administrator of the US Digital Service and previously he was the head of the webspam team at Google.You can find him on Twitter at @mattcutts.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/ ***Topics00:00 - Intro00:36 - Working at Google in 20002:48 - Did Google's success feel certain?3:53 - Building self-service ads7:23 - The evil unicorn problem8:23 - Lawsuits around search10:48 - Content moderation and spam14:38 - Matt's progression over 17 years at Google17:18 - Deepfakes18:43 - Joining the USDS21:03 - What the USDS does23:43 - Working at the USDS26:43 - Educating people in government about tech28:58 - Creating a rapid feedback loop within government31:48 - Michael Wang asks - How does USDS decide whether to outsource something to a private company, or build the software in house?32:58 - Spencer Clark asks - It would seem that the government is so far behind the private industry’s technology. To what extent is this true and what can be done about it? How should we gauge the progress of institutions like the USDS?36:03 - Stephan Sturges asks - With GANs getting more and more powerful is the USDS thinking about the future of data authenticity?38:23 - John Doherty asks - How difficult was it to communicate Google’s algorithm changes and evolving SEO best practices without leaking new spam tactics?40:18 - Vanman0254 asks - How can smart tech folks better contribute to regulatory and policy discussions in government? 42:38 - Ronak Shah asks - What's your best pitch to high-performing startups in the Bay Area to adopt more of human centered design (something that the government has been moving towards surprisingly well, but that some fast moving startups have neglected resulting in controversy)49:58 - Adam Hoffman asks - What are legislators, the government, and the general populace most “getting wrong” in how they conceptualize the internet?51:33 - Raphael Ferreira asks - Is it possible to live without google? How do you think google affected people in searching for answers and content, now that’s we find everything in just one click?55:23 - Tim Woods asks - Which job was more fun and why?57:13 - Working in government vs private industry1:00:48 - Snehan Kekre asks - What is Matt's view of the ongoing debate about backdooring encryption for so called lawful interception?
Cory Doctorow is a blogger, journalist, and science fiction author. He’s also the co-editor of Boing Boing.Joe Betts-Lacroix is the CTO of VIUM and an Expert at YC.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/ ***Topics00:00 - Intro00:32 - Adversarial interoperability 7:55 - So what should founders do?13:55 - Copyright19:55 - Remixing 27:00 - AT&T29:50 - Firms and state-like duties31:25 - Medium-term suggestions for founders39:25 - Conspiracy theories51:50 - Science fiction and predictions 56:55 - Peak indifference model
We've cut down the tenth week of lectures to be even shorter and combined them into one podcast.First, a lecture from Ali Rowghani. Ali is a partner at YC. His lecture covers how to lead.Then a lecture from Kevin Hale and Adora Cheung. Kevin and Adora are both partners at YC. Their lecture breaks down this year’s Startup School by the numbers and they share tips on what helped companies most.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:36 - Ali Rowghani - How to Lead1:36 - Ali's background2:56 - There's no single archetype for a great leader so be yourself5:16 - Great leaders think and communicate clearly9:56 - Great leaders have good judgement about people12:56 - Great leaders have strong personal integrity and commitment13:46 - The transparency test14:41 - The best way to measure great leaders is in terms of the amount of trust they engender in the people that work with them15:21 - The science of trust16:08 - The art of trust16:36 - Optimize for trust17:40 - Kevin Hale and Adora Cheung - Startup School 2019 by the Numbers19:24 - Startup School grew during the course20:24 - Did SUS make a difference?21:14 - 106 SUS companies were accepted into YC23:17 - How can you replicate their success?23:44 - Be clear and concise26:59 - Edit your company description28:04 - Weekly updates submitted28:39 - Top 7 biggest obstacles for SUS companies29:04 - Top 7 KPI movers29:59 - Top 7 user insights31:04 - Average startup weeks to launch31:54 - Average hard tech or biotech startup weeks to launch32:54 - % of weekly updates from launched startups33:34 - Group sessions33:59 - Companies got better at explaining their ideas, selling themselves, and getting others excited35:09 - Founders like qualitative feedback36:09 - No shows37:19 - Morale37:49 - Technical, launched, full-time, revenue generating, non-flaky, non-solo founder startups that talk to users are happier41:14 - Summary
We've cut down the ninth week of lectures to be even shorter and combined them into one podcast.First, a lecture from Carolynn Levy. Carolynn is a partner at YC. Her lecture covers modern startup financing.Then a lecture from Jared Friedman. Jared is also a partner at YC. His lecture focuses on advice for hard-tech and biotech founders.***Topics00:00 - Intro00:33 - Carolynn Levy - Modern Startup Financing1:33 - The basics: form a corporation, need money to grow?, sell a part of the company2:58 - Fundraising terms3:58 - What has changed: structure, access, focus5:10 - What hasn't changed: preferred stock financing, valuation and dilution, communication6:42 - Old way of raising early money: Series A preferred stock financing8:33 - What was broken?9:33 - The transition: bridge loan financings10:46 - Realization: convertible promissory notes are a better way to fund early stage startups12:01 - Modernization of the convertible - SAFE (Simple Agreement for Future Equity)14:03 - When do priced rounds happen?15:12 - Is modern early stage financing perfected?18:01 - Takeaways19:30 - Jared Friedman - Advice for Hard-tech and Biotech Founders20:25 - What is a hard-tech company?21:35 - Why start a hard-tech company?25:06 - YC is the largest bio and hard-tech seed investor in the world25:49 - How much of YC's advice applies to hard-tech founders?26:33 - How do you make progress when you have a "heavy MVP"?31:49 - How do you prove people will want your product, if you haven't built it yet?32:57 - Letter of Intent34:10 - Fundraising for hard-tech and biotech companies36:15 - Final thought
We've cut down the eighth week of lectures to be even shorter and combined them into one podcast.First a lecture from Adora Cheung. Adora’s a partner at YC. Her lecture covers how to prioritize your time.Then a lecture from Kevin Hale. Kevin is also a partner at YC. His lecture is the second part of his talk on how to evaluate startup ideas.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/ ***Topics00:00 - Intro00:32 - Adora Cheung - How to Prioritize Your Time2:12 - Real vs fake progress4:10 - How to determine if you're prioritizing the right tasks4:42 - Keep a spreadsheet of ideas related to moving your primary KPI7:32 - Grade the new and old ideas once a week based on potential impact9:52 - Consider the complexity of each task11:32 - Don't try to do everything at once11:52 - How do I know I'm prioritizing my time well?13:42 - What if I can't complete my tasks in time?14:02 - Maker's Schedule, Manager's Schedule 15:32 - Moving fast16:47 - Kevin Hale - How to Evaluate Startup Ideas Pt. 218:52 - How to apply to Y Combinator20:17 - As a YC partner, you don't need to sell me21:12 - Can I understand the idea? Am I excited by it? Do I like the team and want to work with them?21:47 - How do I describe my company in a very efficient manner?22:52 - Making your idea legible25:12 - Things to avoid when describing your company27:34 - Be conversational28:02 - Avoid jargon, no preamble, and be reproducible28:47 - Nouns: what are you making, what is the problem, and who is the customer32:47 - Using the X for Y formula of explaining your startup36:57 - Be concise without leaving out the key nouns40:47 - How to adjust a description
We've cut down the seventh week of lectures to be even shorter and combined them into one podcast.Kevin Hale gave both lectures this week. Kevin’s a partner at YC and cofounded Wufoo. His first lecture is on how to improve conversion rates and his second lecture is on pricing for startups.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro 00:27 - Kevin Hale - How to Improve Conversion Rates1:02 - Why we care about conversion rates2:02 - Shareware conversion rate is .5%2:22 - Casual download games is 2%2:32 - Freemium SaaS range from 1.5 to 5%3:57 - Knowledge spectrum5:52 - The one button interface6:37 - What is the call to action? And the magic moment.8:02 - What is it?8:38 - Is it right for me?9:02 - Is it legit?9:22 - Who else is using it?9:52 - How much? What's the catch?10:39 - Where can I get help?11:30 - Kevin Hale - Startup Pricing 10113:15 - Monetization gives you the biggest bang for your buck14:35 - Price thermometer16:35 - Mistake 1 - Prices are too low16:55 - Mistake 2 - Underestimate costs 17:08 - Mistake 3 - Don't understand your value17:27 - Mistake 4 - Focus on wrong customers18:05 - Sales and profit over a product's life19:20 - Why is pricing innovation hard?21:27 - How to optimize prices 22:32 - $1B formula24:05 - Price and complexity26:55 - 10 - 5 - 20 rule28:20 - Summary
We've cut down the sixth week of lectures to be even shorter and combined them into one podcast.First a lecture from Tim Brady. Tim’s a partner at YC. His lecture covers the importance of building a good culture early and shares six things that you can do now to help create a solid foundation for your startup.Then a lecture from Dalton Caldwell. Dalton is a partner at YC and he’s also the head of admissions. His lecture covers pivoting and his advice on how founders should think about it.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:38 - Tim Brady on Building Culture1:13 - Culture is behavior and the right behaviors support a good business 4:38 - Six things new startups can do now5:00 - 1. Be proud of the problem you are solving7:31 - 2. Create a long term vision that others will follow9:36 - 3. List your values then model the behavior12:34 - 4. Align your culture with your customer14:49 - 5. Discuss the importance of diversity to your company16:43 - 6. Put a hiring process into practice. Plan to evolve it.18:24 - Dalton Caldwell on Pivoting18:53 - The term "pivot"20:20 - Why pivot?21:33 - Good reasons to pivot22:35 - Good reasons not to pivot23:13 - Why people take too long to pivot26:01 - Anecdotes27:22 - Product market fit28:34 - How to find a better idea30:40 - It's ok to not work on an idea that requires venture capital31:34 - Venture vs. non-venture scale ideas 32:52 - When is the best time to pivot33:48 - More pivoting thoughts 35:07 - Idea quality scores37:11 - Brex39:51 - Retool 41:37 - Magic43:22 - Segment45:16 - Dalton's summary
We've cut down the fifth week of lectures to be even shorter and combined them into one podcast.First a lecture from Kirsty Nathoo. Kirsty is a partner and CFO of YC. Her lecture focuses on the most common mistakes startups make with their finances and how they can avoid making them.Then a lecture from Kevin Hale. Kevin is also a partner at YC and he’ll talk about the importance of building a successful working relationship with your cofounders and processes you can use to do so.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:38 - Kirsty Nathoo - Startup Finance Pitfalls and How to Avoid Them2:08 - #1 - Not knowing what to look at: bank balance, money coming in, and money going out2:56 - Burn3:41 - Runway4:59 - Growth rate 5:48 - Default alive - http://growth.tlb.org and http://paulgraham.com/aord.html8:09 - #2 - Not looking often enough: every week9:04 - #3 - Under-Representing Expenses 12:27 - #4 - Out-sourcing responsibility15:11 - #5 - Scaling too quickly20:08 - #6 - Letting runway get too low before fundraising - https://blog.ycombinator.com/advice-startups-running-out-of-money/ 23:21 - Kevin Hale - How to Work Together24:49 - Everyone fights25:43 - Four things to avoid: criticism, contempt, defensiveness, stonewalling27:40 - Make a plan before you fight: divide and conquer31:11 - Know thyself - https://www.youtube.com/watch?v=2s9ACDMcpjA34:12 - Document a process36:20 - Use nonviolent communication37:19 - Observation vs evaluation39:16 - Emotions vs thoughts - https://www.slideshare.net/nonviolent/evaluative-words-list-nonviolent-communication41:50 - Universal needs43:38 - Requests vs demands45:46 - How to Deliver Constructive Feedback in Difficult Situations - https://medium.com/s/please-advise/the-essential-guide-to-difficult-conversations-41f736e63ccf46:01 - Pay down your emotional debt47:18 - Practice having level 3 conversations
We've cut down the fourth week of lectures to be even shorter and combined them into one podcast.First a lecture from Kat Manalac. Kat is a partner at YC. Her lecture focuses on how startups should think about launching and why you should do it repeatedly.Then a lecture from Gustaf Alströmer. Gustaf is also a partner at YC and in his lecture he covers how to measure product market fit and growth channels.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:35 - Kat Mañalac - How to Launch (Again and Again)1:51 - Ways to launch2:14 - Why launch continuously?3:15 - Silent launch4:25 - Friends & Family5:40 - Strangers7:03 - Online communities12:08 - Request access13:29 - Social media15:13 - Pre-order16:13 - New Product or Feature17:42 - Build your own community19:20 - Launching isn't one moment in time19:48 - Gustaf Alströmer - Growth for Startups21:06 - Most startups have nothing22:13 - Do things that don't scale27:13 - Startups take off because founders make them take off28:23 - Measuring product market fit31:20 - Retention34:33 - Worse ways to measure product market fit35:23 - Bad metrics to measure as product market fit36:18 - Growth channels and tactics38:17 - Conversion rate optimization41:26 - Growth channels to explore45:33 - Referrals and vitality48:05 - Paid growth50:09 - Search Engine Optimization53:00 - Making decisions using A/B testing55:02 - Summary
We've cut down the third week of lectures to be even shorter and combined them into one podcast.First, a lecture from Anu Hariharan. Anu is a partner at YC. Her lecture covers nine common startup business models and the metrics investors want to see for each.Then, a Q&A with Anu and Adora Cheung. Adora is also at partner at YC. During their Q&A they’ll answer questions from Startup School Founders on how investors evaluate startups.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:39 - Anu Hariharan on Nine Business Models and the Metrics Investors Want1:44 - Enterprise4:09 - SAAS8:55 - Subscription11:33 - Transactional14:44 - Marketplace19:04 - E-commerce21:14 - Advertising23:12 - Hardware23:44 - Common mistakes25:35 - Anu Hariharan and Adora Cheung on How Investors Measure Startups Q&A26:07 - Team, product market fit, and market opportunity27:10 - What if the founder doesn't have experience in the are in which they're building a product?28:19 - How do investors know you're moving fast?29:40 - Local vs remote30:40 - Evaluating solo founders31:45 - Clarity of thought33:35 - International founders35:17 - Solo founders36:21 - Should I fundraise?38:33 - How does an investor evaluate a company with a heavy MVP?39:36 - How do you avoid investors who say "it's too early for us"?40:06 - Is it sensible to engage with investors before product market fit?40:26 - How do you find the perfect investor?41:21 - What are the best approaches for minority female founders to gain visibility within VC?42:36 - How do investors come up with valuations?
We've cut down the second week of lectures to be even shorter and combined them into one podcast.First, a lecture from Michael Seibel. Michael is CEO and a partner at YC. His lecture is about How to Plan an MVP.Then, a lecture from Adora Cheung. Adora is a YC partner and a cofounder of Homejoy. Her lecture is about How to Set KPIs and Goals.Last, a lecture from Ilya Volodarsky. Ilya is a cofounder of Segment. His lecture is about Analytics for Startups.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:43 - Michael Seibel - How to Plan an MVP1:25 - The goal of a pre-launch startup3:10 - Iterating vs pivoting3:59 - Lean MVP5:06 - Heavy MVP6:19 - Launching7:35 - Learning is easier with an MVP8:07 - How to build an MVP quickly10:17 - Adora Cheung - How to Set KPIs and Goals11:51 - What are the right KPIs to set?15:50 - Revenue or active users16:28 - Why choose active users?18:55 - Biotech or hardtech KPIs20:25 - Secondary metric21:25 - What if you haven't launched?22:20 - Setting goals23:47 - How fast should you grow?25:13 - Defining your own goals28:40 - Tracking progress30:27 - Ilya Volodarsky - Analytics for Startups30:46 - Why analytics?31:36 - Funnel32:51 - Collecting data, analytics, and data flow34:16 - Metric - Signups per week35:28 - Metric - Retention cohorts36:30 - Which metric to pick?36:57 - Have I reached product market fit?37:27 - Metric - Revenue37:51 - Dashboards38:35 - Advisor updates39:01 - The startup stack42:13 - Recommendations for the MVP process
We've cut down the first week of Startup School lectures to be even shorter and combined them into one podcast. First, a lecture from Kevin Hale. Kevin is a YC partner and a cofounder of Wufoo. His lecture is about How to Evaluate Startup Ideas.Then, a lecture from Eric Migicovsky. Eric is a YC partner and the founder of Pebble. His lecture is about How to Talk to Users.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:43 - Kevin Hale on How to Evaluate Startup Ideas2:04 - How can I predict if an investor will like my idea?2:50 - A startup idea is a hypothesis5:44 - Problem6:59 - Solution8:16 - Insight8:57 - Unfair advantages13:45 - Two beliefs about startups15:19 - Eric Migicovsky on How to Talk to Users17:36 - Three common errors people make when talking to users20:20 - Five questions to ask in a user interview20:28 - What's the hardest part about doing the thing you're trying to solve?21:02 - Tell me about the last time that you encountered this problem21:22 - Why was this hard?23:08 - What, if anything, have you done to try to solve this problem?24:10 - What don't you love about the solutions you've already tried?25:21 - Three stages in which talking to users is extremely beneficial26:07 - Idea stage30:40 - Prototype stage33:41 - Iterating towards product market fit
Diana Hu cofounded Escher Reality, which went through the Summer 2017 batch of YC. They were acquired by Niantic and she is now the head of their AR platform.She's on Twitter @sdianahu.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:40 - Getting into AR2:55 - Her first exposure to AR4:40 - AR's future role in media7:45 - Deciding where to go with the product 9:55 - Innovations that enabled AR14:25 - Building a product in a new market17:25 - Raising money for a new market21:40 - Advice for founders after an acquisition 26:40 - Immigrating to the US31:10 - Advice for Immigrant founders33:49 - Advice for founders in/after YC
Aaron Harris is a Partner at YC and before that he cofounded Tutorspree.He’s on Twitter @harris.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:42 - Seed fundraising process3:32 - Emailing investors9:32 - Parallelized fundraising process12:17 - Meeting with investors14:17 - Overcapitalization17:07 - Communicating your plan to investors19:02 - Evaluating investors 22:57 - Fundraising process for a Series A company27:02 - Meeting Series A investors28:57 - Post-Demo Day psychology
Jay Reno is the CEO and founder of Feather. Feather is a furniture subscription service. They were in the Summer 2017 batch of YC.You can check out their furniture at LiveFeather.com and if you live in LA, SF, or New York you can try out the service.Jay is on Twitter @jayjreno.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:49 - Opting out of owning furniture6:29 - Feather's prototype9:19 - How much did he make from his MVP?9:59 - How many products did they have?12:14 - Legacy competitors 14:04 - Changing branding from RentFeather.com to LiveFeather.com15:59 - Customer interviews and learnings18:29 - Scaling a company with physical products21:29 - Why expand to other markets vs focus on one?23:59 - Who to hire and when in a logistics-heavy business26:09 - Unexpected learnings from scaling Feather27:54 - Feeling his role change over time29:44 - Counterintuitive advice35:19 - Advice for YC founders after Demo Day
Russ Roberts is the host of the podcast EconTalk (iTunes, RSS, and YouTube), a research fellow at Stanford’s Hoover Institution, and the author of several books, including How Adam Smith Can Change Your Life.You can find Russ on Twitter @econtalker.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:29 - What are his thoughts on “meaning, spirituality, or sense of belonging” in regards to creating your own company?3:34 - Capitalism bearing the burden of human nature4:04 - Why Russ started EconTalk7:44 - Key economic concepts for founders after 700 EconTalk episodes13:49 - Helpful methods for teaching economic concepts18:09 - "Man naturally desires, not only to be loved, but to be lovely" - Adam Smith in The Theory of Moral Sentiments19:39 - Why Russ wrote How Adam Smith Can Change Your Life24:14 - How EconTalk has changed since the beginning 26:14 - Steve Adema asks - Russ Roberts has emphasized the limits of "only looking where the light is" when it comes to studying well-being. How can economists incorporate the aspects of well-being that aren't easily quantified?34:34 - Warren Buffett's gift to his son36:09 - Founders and unintended consequences 39:44 - The emotional aspect of giving your company away44:19 - Anthony Y. asks - Has a guest on his show ever made him change his mind on a topic?50:54 - Has Nassim Taleb convinced him to deadlift?52:59 - Russ often quotes David Foster Wallace's speech, “This is Water”. Specifically, he quotes the phrase, “everyone worships.” What does Russ worship?
Today’s episode is a preview of the Startup School podcast. We’re putting all the Startup School lectures on their own podcast feed. You can subscribe here: iTunes RSS This is the first lecture from Startup School 2019. It’s Kevin Hale on How to Evaluate Startup Ideas.It’s also not too late to sign up for Startup School. The course just started and the deadline to sign up is August 4th. Select companies who complete the course will also receive 15,000 dollars in equity-free funding.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:42 - Why we're starting with evaluating ideas2:07 - YC doesn't just fund companies with traction3:31 - How can I predict if an investor will like my idea?5:57 - A startup idea is a hypothesis7:37 - The problem11:37 - The solution13:07 - The insight14:42 - Founder's unfair advantage15:42 - Market growing 20% a year16:22 - Product 10x better17:12- Acquisition model18:37 - Monopoly19:32 - Threshold belief19:52- Miracle belief20:42 - Example: YC24:02 - Example: Wufoo
Anu Hariharan is a partner at YC. Today’s episode is about her recent post, How To Manage a Board.You can find her on Twitter @anuhariharan.If you’re interested in doing Startup School this year, signups are open at StartupSchool.org. The course just started and the deadline to sign up is August 4th. Select companies who complete the course will also receive 15,000 dollars in equity-free funding.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:57 - Why Anu wrote How to Manage a Board2:27 - Board composition4:27 - Adding independent board members 6:27 - The responsibilities of a board member9:12 - Productive board meetings12:52 - Sharing materials before the meeting13:42 - Bringing executives into the meeting16:57 - Dealing with board conflict18:22 - Following up after a board meeting21:12 - Dealing with difficult board members23:57 - Reality distortion24:52 - Agustin Feuerhake asks - What does it take to be a great board member?27:22 - Dave Bailey asks - To what extent should the board culture reflect the company culture? 29:42 - Connor Abene asks - How do you think about adding board members who haven't worked in your industry but you think are good?33:22 - Rhina asks - Could you address managing a board during product market fit time/ pivot times?
Camille Fournier is a Managing Director at Two Sigma and the former CTO of Rent The Runway. She’s also the author of The Manager’s Path: A Guide for Tech Leaders Navigating Growth and Change.You can find her on Twitter @skamille.If you’re interested in doing Startup School this year, signups are open at StartupSchool.org. The course begins on July 22nd and goes for 10 weeks. Select companies who complete the course will also receive 15,000 dollars in equity-free funding.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:47 - Why do many individual contributors (ICs) never experience a good manager?3:27 - How did the ideology of management being bad become pervasive in startups?5:27 - What should a new manager do in their first 90 days?8:57 - Getting better at 1:1s11:17 - More tips for the first 90 days13:17 - Remote management15:12 - Mistakes rookie managers make19:27 - Letting people go23:37 - Being a manager and still wanting to write code27:57 - Feeling overwhelmed as a manager31:27 - Getting a team to gel38:42 - Giving people kudos39:57 - Non-engineers running engineering teams42:07 - Staying legit technically as a manager43:27 - Management vs leadership
Sarah Nahm is the CEO and cofounder of Lever. Lever builds modern recruiting software for teams to source, interview, and hire top talent. They were in the Summer 2012 batch of YC. You can try Lever out at Lever.co.Holly Liu is a Visiting Partner at YC. Before that she cofounded the gaming company Kabam.You can find Sarah on Twitter @srhnhm and Holly is @hollyhliu.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:41 - Did Sarah grow up thinking she'd be a founder?8:01 - Why did she decide to leave Google and start Lever?13:56 - Thinking about product in the early days of Lever15:51 - Fundraising and figuring out the team24:06 - How do you figure out someone's career motivations?27:26 - Getting concrete when interviewing29:31 - Hiring remote employees32:11 - Writing job descriptions around impact37:41 - Eva Zhang asks - What's the biggest roadblock you faced in trying to make hiring more inclusive to diverse candidates?42:06 - What does thinking about inclusion mean at a small company?47:21 - Not buying into technical and nontechnical people50:26 - Setting up a culture that allows for conversations about diversity and inclusion
Kevin Hale is a Partner at YC. Before working at YC he cofounded Wufoo.Kevin’s on the podcast today to do some Office Hours and talk about this year’s edition of Startup School.If you’d like to sign up or learn more, check out https://StartupSchool.org.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:51 - Stats from Startup School 20182:11 - Updates for Startup School 20198:41 - Sign up at StartupSchool.org9:16 - Sean Maina asks - In the early days of Wufoo, how did you give a great customer experience?11:56 - Design affordances14:11 - Sunil Tej asks - How was Wufoo 10x better than the market when they just got started?18:11 - Building an audience before a product20:41 - Wufoo's growth23:56 - Coming up with the idea for Wufoo27:56 - Companies pivoting during YC29:26 - Building a product in an unsexy space32:56 - Sivaraj Ghanesh asks - How do you know if you've achieved product market fit? Or if your product just isn't noticed yet? 43:56 - Sivaraj Ghanesh asks - How do you gauge the size of a market? 46:26 - Tips for Startup School success50:41 - Advice on vetting cofounders54:11 - Sign up at StartupSchool.org
Dan Hockenmaier is the founder of the growth strategy firm Basis One. Prior to Basis One he was the Director of Growth Marketing at Thumbtack. You can learn more at BasisOne.com.Gustaf Alströmer is a Partner at YC. Prior to YC he was the Product Lead for Growth at Airbnb.You can find Dan on Twitter @danhockenmaier and Gustaf is @gustaf.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:50 - Dan's most unpopular advice1:45 - What growth strategies do people jump on too soon?2:20 - Questions Dan asks a company he's advising3:50 - Traits Dan looks for in early growth hires6:30 - How product and growth are tied together11:30 - Good/bad learnings from Facebook's growth team14:00 - A/B testing17:00 - Retention and other metrics20:45 - The importance of experimentation23:45 - Getting ideas for A/B tests then choosing which to do25:00 - Advice for employees who want to get a growth program going29:00 - B2B vs consumer growth tactics34:00 - Pricing experiments35:30 - Paid marketing39:30 - Launching in new markets40:15 - Hiring for marketing43:45 - Metrics for marketing hires45:45 - Toni asks - Why did Airbnb grow so fast?48:45 - Step function growth changes for companies that already had scale49:55 - Michael Savage asks - It would be great to discuss growth into new regions for example Africa and UAE. What would their approach be, how does it differ from region to region, culture to culture? 52:30 - Justin LaRosa asks - What are some of the most common drivers of viral growth?55:20 - Hiring a growth agency vs building your own team58:20 - How do you think about growth in the context of improving humanity?
Jeremy Rossmann is the cofounder of Make School. Make School is a college for computer science headquartered in San Francisco. Make School students don't pay until they have a job after graduation. They were part of YC’s Winter 2012 batch. You can find MakeScool on Twitter @MakeSchool.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:32 - What is Make School?01:12 - How is their intensive track different than a traditional college course load?2:22 - How are their students differentiated from students educated in a traditional CS program?3:12 - Interacting with the parents of Make School students8:12 - William Triska asks - What are some ways to encourage greater independence and autodidactic behavior in students pursuing technical skills and knowledge?10:02 - The autodidact myth15:57 - Two stakeholders making purchasing decisions: potential students and parents 20:07 - The education landscape 20 years from now23:57 - Education stacking25:02 - Vikram Malhotra asks - When are we going to do away with degrees?32:42 - Evan Ward asks - Should liberal arts colleges consider adopting ISA's?35:17 - Are there instances of predatory ISAs?37:27 - Make School students who want to be entrepreneurs40:27 - Advice for people in YC
Tracy Young is a cofounder and the CEO of PlanGrid. PlanGrid makes mobile construction productivity software. They were acquired by Autodesk in 2018 and were part of YC’s Winter 2012 batch.Kat Manalac is a Partner at YC.You can find Tracy on Twitter @Tracy_Young and Kat is @KatManalac.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/ ***Topics00:00 - Intro00:46 - How Tracy got into the construction industry2:51 - What convinced Tracy and her cofounders to build PlanGrid?3:31 - Finding a technical cofounder6:26 - Tracy still sees herself as an engineer7:16 - PlanGrid's MVP and their first customers11:56 - Their sales process13:46 - Product breakthroughs17:21 - Not firing fast enough20:31 - What does she look for when hiring someone?26:01 - Tim Cook's closing statement at WWDC28:46 - Fredi Fernández asks - Does Tracy track wellness levels of the team?29:26 - At what point did Tracy hire an office manager?30:16 - How does Tracy take care of herself?31:46 - Founding a company with a partner33:31 - Managing a company as a new parent35:46 - Seyed Rasoul Jabari asks - What's your big plan to go from 1.5 to 10 million projects?36:46 - Holly asks - What has been your single largest influence in helping you scale?38:06 - Why do some executives not work out?38:56 - What skills did Tracy have to work on when scaling?42:41 - What do a lot of startups get wrong?46:21 - Tracy's recommended books48:01 - What Tracy wishes she knew when she started out
Simone Giertz describes herself as a maker/robotics enthusiast/non-engineer. She’s also known as the Queen of S****y Robots. She runs a YouTube channel about those robots and is a cohost on Tested with Adam Savage from MythBusters.You can find her on YouTube and on Twitter @SimoneGiertz.She also has a Patreon.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics 00:00 - Intro1:41 - "Whatever feeds the ego kills the soul."4:21 - Maintaining passion for your work7:16 - Building a sustainable business as a creator9:01 - Shipping a real product - The Every Day Calendar - https://www.kickstarter.com/projects/simonegiertz/the-every-day-calendar18:01 - Being scared to step away19:31 - Generating ideas20:46 - Finding out she had a brain tumor, having surgery, and sharing it26:01 - Returning to work after brain surgery28:01 - Learnings from taking time off29:01 - Asking for help30:31 - Evaluating how she's spending her time32:16 - Giving herself permission to try other things34:21 - Challenges as a creator and entrepreneur 36:01 - Not feeling guilty about play and pursuing the things you enjoy41:01 - Becoming less disciplined in certain areas over time42:46 - Ali asks - How to get started when dealing with imposters syndrome?43:06 - beep boop asks - What's your favorite robot?43:46 - Beste asks - Are there any moments where she is bored and feels like giving up on creating new things?44:56 - Khawar Shehzad asks - What thing do you wish you knew when you started your career?46:06 - Olaf Doschke asks - What would have happened if Simone's toothbrush helmet wouldn't have gone viral?48:36 - Johnathan Nader asks - What is the best version of yourself?
Michael Babineau is cofounder and CEO of Second Measure. Second Measure analyzes billions of credit card transactions to answer real-time questions on consumer behavior. They were in the Summer 2015 batch of YC and you can check them out at SecondMeasure.com.Kevin Hale is a Partner at YC. Before working at YC he cofounded Wufoo.You can find Michael on Twitter @mikebabineau and Kevin is @ilikevests.The YC Podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro 00:35 - What idea did Mike apply to YC with?01:20 - Where did the idea come from?4:35 - From project to company10:20 - What info did investors want to know that Second Measure could provide?12:05 - Their first customers14:35 - The primary use case of Second Measure for VCs15:20 - What questions are they trying to answer?19:35 - Data examples from their blog21:05 - Post: Fashion retailers have nothing to fear (yet) from the rise of Stitch Fix23:35 - Post: Holiday sales rocket Peloton memberships ahead of SoulCycle active riders25:05 - Post: Prime members deliver for Amazon every day27:35 - Second Measure's product development process29:35 - Finding good data scientists who work from first principles37:05 - Why is credit card data so messy?42:05 - Cleaning data44:20 - Using their product for competitive analysis47:35 - Their sales process49:05 - Raising money from Goldman Sachs and Citi52:05 - Focusing on a specific problem54:05 - Keeping the product compelling when it's table stakes
Vidit Aatrey is cofounder and CEO of Meesho. Meesho is a platform in India that allows people to resell products using their social networks. They were in the Summer 2016 batch of YC and you can check them out at Meesho.com.Adora Cheung is a Partner at YC. Before working at YC she cofounded Homejoy.You can find Vidit on Twitter @viditaatrey and Adora is @nolimits.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro01:20 - What is Meesho?3:20 - Why not just sell directly to consumers?5:05 - What are the macro trends in Meesho's favor in India?7:30 - A trust deficit market8:55 - How does Meesho help users get online and start selling?11:45 - Most impactful user stories13:50 - Growth drivers15:50 - Balancing growth and quality17:25 - What if Facebook copies Meesho?18:50 - When did Vidit and his cofounder know they wanted to start a startup?21:20 - Their first startup idea and the inspiration for Meesho25:40 - When did they know Meesho was working?27:20 - How hard was it to pivot the business and how did they manage it?30:05 - As a CEO how does he stay in touch with users?34:50 - How has Vidit's role changed over time?36:55 - How has he learned to be a CEO?38:30 - What mistakes have they made?39:35 - What was his best decision?40:15 - What's a strong opinion he had about running a startup that he's changed since running Meesho?41:45 - How has the Indian startup ecosystem evolved?43:20 - Big problems worth solving in India43:05 - Can foreigners come to India and start a startup?45:10 - Best advice for aspiring Indian founders46:20 - After Meesho, what's the most exciting startup in India?47:20 - Why is Delhi the best IIT?48:15 - What's a must read book and why?49:10 - What's a startup idea he'd be working on if Meesho didn't happen?49:25 - In 100 years, what does he hope Meesho is?
Chris Best is the cofounder and CEO of Substack. Substack makes it simple for a writer to start a paid newsletter. They were in the Winter 2018 batch of YC. You can check them out at Substack.com.Jonathan Gill is the cofounder and CEO of Backtracks. Backtracks is a podcast analytics and hosting platform. You can check them out at Backtracks.fm.Chris is on Twitter @cjgbest and Jonathan is @jgill333.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year. Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro1:03 - Paid vs advertising in podcasting3:33 - Are advertisers overpaying for podcast ads?6:13 - What percent of the market will ultimately be paid content?8:13 - Payment mechanisms9:48 - Price anchoring12:28 - Individual creators vs brands17:23 - Deplatforming18:53 - Spotify20:23 - Discovery and growth in newsletters22:53 - Public and private feeds25:23 - Apple's role26:38 - Will education be the driver of paid content?30:23 - Educational podcasters in China32:23 - How are their newsletter and podcast customers growing?36:18 - Jack Ryder asks - In 5 years time, are personal newsletters going to replace social networks like Facebook?38:13 - Debdut Mukherjee asks - Do podcasts actually work? If so, how do startups calculate the ROI & the CAC?43:38 - Measurement45:23 - Best practices for new podcasters and newsletter creators
Brian Halligan is the CEO and cofounder of HubSpot. HubSpot builds software for marketing, sales, and customer service. You can try it out at HubSpot.com.Kevin Hale is a Partner at YC and cofounder of Wufoo.Brian is on Twitter @bhalligan and Kevin is @ilikevests.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year. Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:27 - Brian's an introvert that likes to work from home. He also runs a public company. How does he do both?2:12 - How does he manage his calendar as an introvert?4:12 - How Brian met his cofounder Dharmesh6:12 - The first project they worked on together7:27 - What was their unique insight when starting HubSpot?8:52 - Pricing in the early days9:27 - How would he have priced HubSpot differently knowing what he knows now?10:27 - HubSpot's first customer12:27 - Important early features14:47 - At what point did they shift entirely away from consulting?15:32 - Providing advice as content vs in the product16:27 - SEO is underrated17:12 - Trends in B2B and marketing21:57 - Inbound marketing and audience building advice26:52 - How did Brian know that his cofounder was right for him?28:12 - The internet disproportionately benefiting small businesses over big ones29:12 - Keeping your company hungry when you're big29:52 - Building assets for your company 30:47 - Freemium34:27 - Structural pieces of HubSpot Brian would have changed if he did it again37:27 - Creating the voice of your company39:57 - Early metrics they tracked40:32 - Having a coach and reviews41:57 - How Brian's changed as a CEO from the beginning42:51 - What was the hardest thing to give up as CEO?43:57 - Humility
Jarvis Johnson was previously a software engineer at Patreon, Yelp, and Google. He’s now a YouTuber.You can find him on YouTube at Jarvis Johnson and on Twitter @jarvis.The YC podcast is hosted by Craig Cannon.Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year. Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/***Topics00:00 - Intro00:20 - Jarvis' intro00:50 - Where his videos first got traction1:30 - Being part of the software industry while critiquing it4:05 - How he got into programming6:30 - Moving to California7:50 - Interning at Google then Yelp9:20 - Interviewing multiple times at the same company10:20 - Moving from Yelp to Patreon14:30 - Switching from individual contributor to manager18:35 - Learnings from managing that he applies to himself21:45 - What made Jarvis want to do YouTube full time?30:20 - Investing in yourself31:25 - Making what you want vs talking to viewers35:55 - When did things really start to click for his channel?38:20 - Choosing to make multiple genres of video44:00 - Nathan Allebach asks - Are content creators responsible in any capacity for their audiences?51:05 - Taylor asks - In what ways do you think content creation can benefit one's career in the tech industry?54:40 - Jarvis made a podcast when he was a teenager56:30 - Octopus Blues asks - What lessons did improv teach you/who would you recommend it to, if anyone?58:45 - Predictions for YouTubers and content creators
Harry Zhang is the cofounder of Lob. Lob makes it possible for enterprises to programmatically send physical mail. They were in the Summer 2013 batch of YC.Kevin Hale is a Partner at YC.Harry is on Twitter @harryzhang and Kevin is @ilikevests.The YC podcast is hosted by Craig Cannon.***Topics00:00 - Intro00:31 - Harry's intro00:41 - What did Lob have when they applied to YC?2:01 - Documentation as an API company3:16 - Where did the insight to create Lob come from?4:26 - Lob's first version and first customer7:26 - Closing their first big customer then signing others12:31 - Did Harry always know Lob would be an API company?14:01 - How long did it take to work up to enterprise customers?15:31 - Pricing19:46 - Creating a product roadmap21:26 - Tradeoffs when building product22:21 - Competing for top engineers as an API company24:31 - Options vs RSUs28:01 - Sales mistakes32:21 - Building out features for enterprise clients34:16 - Why did Lob choose to not vertically integrate?39:31 - How has Harry had to change as a founder over the life of Lob?
Max Rhodes is the cofounder and CEO of Faire. Faire helps retailers find and buy unique wholesale merchandise for their stores. They were in the Winter 2017 batch of YC.Anu Hariharan is a Partner at YC.Max is on Twitter @MaxRhodesOK and Anu is @AnuHariharan.***Topics00:00 - Intro00:32 - Max's intro01:06 - Leaving Square and coming up with the idea for Faire7:37 - Changes to SMBs in the past five years9:37 - What is Faire?11:57 - Max’s vision for Faire15:12 - Finding product/market fit18:12 - Switching to try before you buy21:22 - What separates the great companies22:32 - Scaling as a CEO26:32 - Calming down29:42 - Faire's first hires33:42 - Faire's first executive hire38:27 - Fundraising and fundraising advice43:32 - Ryan McCarthy asks - Why did Max study history at Yale?44:32 - Why does Max think Square Cash became a successful app?
Austen Allred is the CEO and cofounder of Lambda School.Lambda School provides a CS education that's free until you get a job. They were in the Summer 2017 batch of YC.You can learn more about Lambda School at lambdaschool.com.Austen is on Twitter at @austen.The YC podcast is hosted by Craig Cannon.***Topics00:00 - Intro1:01 - Encouraging people to do something that they're scared to do5:16 - Where did the insight for Lambda School come from?6:26 - College vs developer schools10:26 - Building a network12:16 - Does Austen see value in a traditional liberal arts education?14:56 - Steven Klaiber-Noble asks - As competitors begin to copy your model what front do you believe you'll be competing on?17:56 - Why did Austen choose to raise money?20:06 - Fundraising falling through on Austen's first startup21:36 - Moving back to Utah and writing a book about growth23:26 - Why Austen wrote a book26:26 - "Starting a company is by definition saying, I think what I can do is worth more than what other people will pay me for."27:26 - Mispriced human capital30:21 - Other opportunities for Lambda School32:46 - Modeling risk35:36 - David Kofoed Wind asks - When Lambda School is incentivized to take in people that will land high paying jobs, how do you think about the diversity of candidates? One would imagine that it quickly becomes a game of pattern matching the stereotypical SV people.37:51 - Will Lambda School ever not be remote?41:16 - Dave Dawson asks - You appear to be on the successful path now, was there a point early in Lambda School when you wanted to stop?43:46 - Helping everyone become an autodidact46:46 - Rethinking where to start on an online course48:11 - Dave Dawson asks - What keeps you up at night at this point? 49:46 - Dayo Koleowo asks - “I have made remarks I do not agree with” - from Austen's Twitter bio. What is that one remark you wish you didn’t have to disagree with?53:26 - Choosing remote work as a core problem to solve in your company55:56 - Analysts aren't good at measuring product quality57:36 - Teaching taste
Amy Buechler is an executive coach for startup founders.Michael Seibel is a partner and the CEO of YC.In this episode we talk about coaching and use examples from Michael’s time working on Justin.tv and Socialcam.You can find Amy at her site foundercoach.io and on Twitter at @amybue.Michael is on Twitter at @mwseibel.The YC podcast is hosted by Craig Cannon.***Topics00:00 - Intro00:41 - What is coaching?01:11 - How is coaching different from therapy?2:31 - What are the most common challenges founders in coaching have?3:26 - Challenges with roles and responsibilities at Twitch7:46 - How would Amy have coached Michael around roles and responsibilities?9:41 - Not being disruptive as a leader11:31 - Switching roles at Twitch12:46 - Uneven equity splits15:01 - Distributing and negotiating equity21:16 - Communicating your own value22:51 - Can there be too much communication?24:11 - Productive arguments28:11 - Talking about performance issues30:16 - Setting clear goals and managing motivation33:16 - Enjoying the work34:01 - Conversations about runway36:51 - Digging your company out of the grave and continuing40:21 - Michael being against coaching initially42:31 - How to have hard conversations44:16 - Removing a responsibility from someone49:51 - Returning to roles and responsibilities 50:41 - Jeanie McCallister asks - What’s the single most important piece of advice you can give a founder?
Marques Brownlee is a YouTuber. He has over 8 million subscribers to his channel MKBHD where he reviews electronics, drives electric vehicles, and interviews people such as Kobe Bryant and Bill Gates.You can find Marques on YouTube and on Twitter at @MKBHD.The YC Podcast is hosted by Craig Cannon.***Topics00:00 - Intro00:26 - What does Marques attribute his channel's success to?2:41 - The early days5:11 - How does he go about evaluating a product?7:31 - Features that Marques thought were great that didn't catch on8:41 - Peak smartphone?10:31 - Folding phones and new trends11:26 - Tesla and the EV market15:46 - Getting older and staying relevant17:06 - New kinds of videos and podcasting22:26 - Does Marques feel limited by gear?26:11 - Storytelling techniques28:16 - Tech vs Marques as the star of the show29:56 - Marco Castro asks - What advice do you have for new creators on YouTube?30:56 - When did Marques find his voice as a creator?33:56 - Overcoming perfectionism 34:56 - Gut instinct vs data37:26 - YouTube comments39:31 - Austin Ryder asks - In the early years of his channel, Marques took a several month hiatus from YouTube, but then came back with a new video format and seemingly renewed drive. What happened during those months off that led to the channel becoming what it is today?40:41 - Winston asks - What’s your daily schedule?43:06 - Ultimate frisbee injuries43:26 - Amad Khan asks - Are there any problems that you see or face that you really wish engineers/developers would solve?44:51 - Christian Giordano asks - Any tips on how to engage/work with influencers when you are a very early stage startup with little or no money?46:41 - The future of creators supporting themselves financially49:31 - His biggest challenge as a creator50:31 - Long-term goals
Craig Cannon is the Director of Marketing at Y Combinator. He usually hosts the YC podcast but is the guest on this episode about podcasting.Adora Cheung is a Partner at YC.You can find Adora on Twitter at @nolimits and Craig at @craigcannon.***Topics00:21 - Adora's intro1:26 - Craig's intro4:06 - Starting the YC podcast5:21 - Podcast metrics6:21 - Tips on creating a podcast8:31 - Picking episode topics9:21 - Order of operations for finding guests10:51 - Preparing for interviews14:11 - How to keep an episode engaging16:26 - Analytics18:51 - Gear23:21 - Software24:16 - Listening to your own voice25:41 - Favorite interviews26:41 - Most surprising things Craig's learned about startups on the podcast29:21 - What has Craig learned from guests that he's put into practice?32:01 - Non-consensus things about building startups 34:21 - If Craig had to start a podcast from scratch, how would he structure it?37:01 - Clipping the show42:21 - Monetizing podcasts45:51 - Will podcasts become saturated?46:21 - What's missing in the podcast world?48:21 - Influential podcasters52:11 - Adora's podcast picks53:11 - Patrick Benders asks - What idea do you believe in that your social group would think is crazy?58:11 - Zachary Canann asks - Please tell us about the time you most successfully hacked some (non-computer) system to your advantage.1:00:11 - Being at YC, do Craig and Adora feel pressured to go start a company?1:06:21 - When is an opportunity good enough to quit your current job?
Domonique Fines is the Director of Events at YC.Cadran Cowansage is the cofounder and CEO of Elpha. Elpha is a private online community for women in tech.Join Elpha to read Dom's AMA.You can find Dom on Twitter at @domoniquefines and Cadran at @cadran_c.*** Topics00:30 - Dom’s intro00:50 - How Dom started in events and her background2:25 - Deciding to not go to law school3:55 - Choosing to work on tech events6:00 - Outreach to underrepresented founders 9:15 - Common misconceptions about getting into tech10:35 - University outreach11:55 - Identifying problems to fix and not being blocked14:35 - Reflecting on accomplishments15:40 - Dom’s career plans17:10 - Will Dom do a startup?17:35 - Avoiding burnout20:55 - The importance of just getting started
Mike Knoop is cofounder and Chief Product Officer at Zapier, which was in the YC Summer 2012 batch. Zapier moves information between your web apps automatically.Kevin Hale is a Visiting Partner at YC. Before YC Kevin was the cofounder of Wufoo, which was funded by YC in 2006 and acquired by SurveyMonkey in 2011.You can find Mike on Twitter at @mikeknoop and Kevin at @ilikevests.The YC podcast is hosted by Craig Cannon.***Topics00:43 - Kevin's intro01:03 - Mike's intro2:03 - How Mike and Kevin met4:03 - Market sizing for consumer software5:13 - Zapier's growth strategy today vs 20126:28 - Jumpstarting a platform like Zapier9:03 - Building an app directory before building a product11:03 - Applying to YC twice13:23 - Zapier after Demo Day14:48 - Zapier's first remote hire16:48 - Remote companies not being perceived as legitimate18:48 - Noticing remote was working then committing21:28 - Qualities to look for when hiring remote employees24:28 - Nina Mehta asks - What’s the best way to share work and knowledge across designers working on different parts of product without distracting from focused working time?25:58 - Remote mistakes in the early days27:33 - When to change modes of communication to allow for deep work29:28 - When to ask for someone's full attention31:33 - Product and design practices at Zapier34:38 - OKRs for teams vs individuals39:48 - Tools for remote teams43:48 - No internal email at Zapier46:53 - Keeping morale high in a remote team49:28 - What happens at a Zapier retreat51:43 - Remote design critiques56:43 - Serendipity and over optimizing for it58:33 - Setting up a remote company for success
Karn Saroya is the CEO and cofounder of Cover, which was in the YC Winter 2016 batch.Cover is a nationally licensed insurance brokerage. You can use their app to take a picture of property you want to insure and they’ll connect you with their insurance partners so that you can get the best price and coverage.You can find Karn on Twitter at @karnsaroya.The YC podcast is hosted by Craig Cannon.***Topics00:36 - Karn’s intro01:01 - Using computer vision to identify and catalogue property2:28 - How Karn ended up starting Cover3:48 - Being a maker vs. an advisor5:58 - Stylekick, Karn’s previous startup9:28 - Joining Shopify10:08 - How the idea for Cover happened11:58 - The capital-light way to start an insurance business16:28 - Underwriting17:58 - Lead generation20:18 - Product development21:28 - Buying Cover.com for $750k24:53 - Being engaged to a cofounder28:43 - Managing two offices and cultures30:58 - Being an international founder in YC31:58 - Advice to people in the current batch of YC
Caterina Fake hosts the podcast Should This Exist? which is about how technology is impacting our humanity. It launches today on iTunes. She also cofounded Flickr, Hunch, and Findery and is an investor at Yes VC.Kat Manalac is a partner at YC.You can find Caterina on Twitter at @Caterina and Kat at @KatManalac.The YC podcast is hosted by Craig Cannon.*** Topics00:32 - Caterina's new podcast, Should This Exist?2:32 - Is there a process for considering if something should exist?4:02 - Who should be part of these conversations?5:17 - Wait But Why and the Human Colossus7:22 - Episode 1 of Should This Exist?10:17 - Having conversations before things exist11:42 - How might employees think about their role in whether or not something should exist?14:32 - Caterina reflecting on her creations and if they should exist19:02 - Considering whether things should exist as investors23:32 - Cofounder charter - What you will and won't do26:03 - Questioning the VC model27:22 - Working on Wall St, feeling herself change, and quitting31:22 - Caterina as a student34:02 - Peculiarity and entrepreneurship35:22 - "Don't fight to win prizes that aren't worth winning"38:32 - What was once fringe is now mainstream40:52 - Kat looking up to Lea Salonga42:42 - Evgeny asks - How did she get her first 100 paying users?49:27 - How does she advise founders to find investors?54:47 - What questions should founders ask themselves while making something?
Ryan Hoover is the founder of Product Hunt which was in the Summer 2014 YC batch and was acquired by AngelList. He also invests in startups through his Weekend Fund.Dalton Caldwell is a Partner at YC where he runs admissions.Ryan is on Twitter at @rrhoover and Dalton is at @daltonc.The YC podcast is hosted by Craig Cannon. ***Topics00:27 - Ryan's intro00:52 - Dalton's intro1:27 - Forming Product Hunt and applying to YC5:17 - Product Hunt's growth rate when they applied to YC6:27 - Raising money for the right reasons9:42 - Maker communities11:27 - Why raise money for Product Hunt?13:12 - Having buzz during the batch18:12 - Brex changing their idea during YC20:17 - Pivoting into something you know well21:32 - In retrospect, how would Ryan have advised himself around monetization?28:27 - Trying to build out other verticals34:27 - Don't act like you have infinite runway35:57 - Creating urgency and developing products within AngelList40:17 - Tips to launch on Product Hunt45:07 - What Dalton looks for in applications46:57 - Giving people the opportunity to start48:47- What motivated Ryan to leave his job before Product Hunt
Jake Klamka founded Insight. Insight provides intensive 7 week professional training fellowships in fields such as data science and data engineering. Insight was in the YC Winter 2011 batch.Kevin Hale is a Visiting Partner at YC. Before YC Kevin was the cofounder of Wufoo, which was funded by YC in 2006 and acquired by SurveyMonkey in 2011.You can find Jake on Twitter at @jakeklamka and Kevin at @ilikevests.The YC podcast is hosted by Craig Cannon.***Topics00:37 - Kevin's intro01:07 - Jake's intro1:42 - Applying to YC with one product then changing it4:07 - How Insight started4:57 - Jake's first students and initial coursework8:37 - Finding out what companies want from data scientists10:37 - Picking the first class of students12:07 - Common pitfalls for people transitioning into data science15:07 - Types of data science roles17:22 - What data scientists should look out for in companies18:17 - Chuck Grimmett asks - When do you know you need to bring in seasoned data scientists?20:37 - How Insight has scaled and changed22:37 - What happens in the program23:57 - Examples of a good project for a data science resume26:27 - Will more data scientists be founders in the future?28:37 - Teaching product29:37 - Cleaning data32:07 - Tools for tracking data32:57 - Track what are you trying to optimize35:57 - Churn and conversion39:37 - Is there an ideal background for a data scientist?41:37 - Which startups recruit well at Insight?43:37 - Contracting46:17 - Fields Jake is excited about
Avni Patel Thompson founded Poppy, which helped parents book the best caregivers. They went through the YC Winter 2016 batch and recently shut down. Avni asked to come on the podcast to talk about what the process of shutting down was like.Kat Manalac is a partner at YC.You can find Avni on Twitter at @APatelThompson and Kat at @KatManalac.The YC podcast is hosted by Craig Cannon - @CraigCannon.*** Topics00:35 - Kat’s intro01:15 - Avni’s intro2:15 - When did it become clear that scaling Poppy wasn’t working?5:50 - Experiments Avni tried with Poppy9:55 - The last six months of runway13:25 - Choosing to shut Poppy down17:25 - Pivot or shut down?20:10 - Who did Avni have these hard conversations with?24:35 - Communicating with investors during the process of shutting down31:20 - How does Avni feel since shutting down Poppy?38:30 - Tying self-worth to your accomplishments and how it feels after shutting down39:30 - “This is what trying looks like.”44:00 - The effects of having raised money46:00 - Starting to think about what’s next49:00 - Struggling with unstructured nothing49:45 - Kindness
Samantha Bradshaw is a researcher at the Computational Propaganda Project and a doctoral candidate at the Oxford Internet Institute. She’s been tracking the phenomenon of political manipulation through social media.You can find Samantha on Twitter at @sbradshaww.The YC podcast is hosted by Craig Cannon.***Topics:53 - What is a bot?2:53 - When computational propaganda began3:53 - Changes in bot tactics since 20165:53 - Using bots for content creation7:28 - WhatsApp and the upcoming Indian election9:23 - Trends in computational propaganda10:53 - How bots integrate into platforms13:23 - Responsibilities of platforms to remove fake accounts14:53 - The role of governments in media manipulation18:18 - Fake news and selecting news that aligns with your beliefs19:53 - Are platforms getting better or worse?21:33 - Samantha's personal internet habits23:03 - Sentiment around tracking in the UK vs the US24:23 - The Mueller report and US midterms29:18 - Canadian elections30:18 - 2020 US elections30:53 - Deepfakes31:48 - Optimistic thoughts for the future33:08 - How to help against computational propaganda
Cindy Mi is the founder and CEO of VIPKID. VIPKID is a 1-on-1 teaching platform where children in China learn english from North American teachers.Qi Lu is the CEO of YC China and Head of YC Research.***Topics00:23 - Qi's intro00:38 - Cindy's intro1:38 - Moving to a new province as a teenager4:38 - Being an educator and an entrepreneur 8:23 - Starting VIPKid in a hyper-competitive market14:53 - Metrics for measuring product market fit21:43 - How did she find the business model?26:53 - What things did she try that didn't work?30:38 - Strategy for product expansion33:03 - Content expansion for Mandarin learning34:53 - Building global companies41:23 - Creating a global culture44:13 - The future of education48:08 - How should engineers and product managers think about edtech?51:33 - Thoughts on AI54:33 - Advice for entrepreneurs
Vinod Khosla is the founder of Khosla Ventures, a firm focused on assisting entrepreneurs to build impactful new energy and technology companies. Previously he was the founding CEO of Sun Microsystems, where he pioneered open systems and commercial RISC processors.How to Build the Future is hosted by Sam Altman.***Topics00:30 - Vinod’s intro01:20 - A zero-million-dollar company vs a zero-billion-dollar company4:20 - What percentage of investors in Silicon Valley are good long-term company builders?4:50 - Who has earned the right to advise an entrepreneur?6:50 - Which risk to take when7:20 - Helpful board members8:15 - Who to trust for what advice11:00 - First principles thinking and rate of change13:00 - Evaluating a candidate in an interview14:15 - How much should a founder have planned and how ambitious should a founder be?16:30 - Recruiting great people19:00 - Building a phenomenal early team20:20 - Being generous with early employee equity27:00 - Gene pool engineering27:18 - The art, science, and labor of recruiting28:20 - How founders should think about investors31:00 - Doers vs pontificators32:00 - What does Vinod want to do in the next ten years?32:10 - Reinventing Societal Infrastructure with Technology
Frank Lantz is a game designer and Director of the NYU Game Center. He cofounded Area/Code Games and most recently released a game called Universal Paperclips in which you’re an AI that makes paperclips.Frank’s on Twitter @flantz and his site is franklantz.net.The YC podcast is hosted by Craig Cannon.***Topics00:27 - "Games are the aesthetic form of thinking and doing"6:57 - VR skepticism9:42 - Universal Paperclips14:27 - Explaining games to non-gamers20:12 - Competitive gaming22:57 - Building life lessons into games31:42 - Teaching game design36:17 - Inspiration, hard work, and taste39:17 - Darker sides of gaming culture43:07 - The indie game market45:27 - Unexpected trends in gaming49:17 - Benedict Fritz asks - Frank you seem much more interested in chess, go, poker, and other games with a long history than most game designers. Where do you think this comes from?52:12 - Esports55:37 - Inventing sports57:27 - Pokemon Go1:00:32 - Difficulty in predicting successes in entertainment1:03:17 - Frank's game recommendations1:05:47 - @fakebalenciaga asks - Why Tonto?