Strachman: Outsourcing application reading does selection programs a disservice
“A lot of programs I noticed today, the application readers are separate from the people who are running the program. And I think that's kind of a disservice.”
Strachman: Post-interview energy levels indicate which founders are worth backing
“One question that we had, that's kind of an odd one that we used at the finalist round that we all use still today. Did I have more or less energy after talking to this person? And, you know, that's not the end all be all question. That wasn't like, okay, stam…”
Strachman: Unconventional paths trigger defensiveness because observers infer superiority
“When you're doing something different, What other people hear or see or imply about that difference is that what you're doing is better than what they're doing. There's always this comparison.”
Strachman: 1517 Fund aims to eventually fund eleven-year-old founders
“And I tell people I want to be funding eleven-year-olds because I think they're incredibly creative and interesting and can be starting things earlier.”
Strachman looks for 'hyperfluency' when evaluating young technical founders
“There's a trait that we look for that we call hyperfluency, and All the old Teal fellows had it. People like Dylan and Vitalik and Laura and now our new founders that we work with, some of which who have become fellows, people like Augustus from Rainmaker, Eth…”
Strachman: Thiel Fellowship launched before assembling a dedicated program team
“There was no team. I mean, there was Jonathan Cain, who was the president of the foundation, Jim O'Neill, who is, is now at HHS. He was on the board of the foundation Michael Gibson. That was his first day of work actually. And he wasn't expecting to be there …”
Strachman predicts AGI will arrive in seven to ten years
“I think 20 years is too far out. I think five years is probably too soon. Yeah, I don't know. I want to say between seven and 10, something like that.”