Y Combinator

“Because a lot of these companies that, that work when they're not purely software based, they're going to scale slowly. They're not going to expand everywhere overnight.”

“For this week, this year's YC batch, you know, Zach himself referred in 22 of the companies. He was the number one, I think, refer into YC.”

“But if you were just like a normal guy and you had a valued off revenues, I think it would be worth 50 to a hundred million dollars. I bet you it could make eight million dollars a year in revenue. With no employees. And I bet you it's been capable of doing th…”

“The way I look at it is the V one goal is to build a community, at least with seven to eight nine, then I'll talk about the V two is to build a community of technological progressives who are, Like, I mean, sort of like YC's founders, but not just tech founder…”

“YC, the greatest startup accelerator in the world, bar none, has the greatest track record, created almost half a trillion dollars of value.”

“I would start a Y Combinator for creators and maximize the basically find the next Kim Kardashian, the next Mr. Beast, and support them, and own a piece of them, and be a kingmaker where I'm making other kings.”

“Paul Graham, who created YC, which is, I think probably the most successful tech startup actually, because it created sure all these other tech startups and like I created Dropbox and it created Airbnb. They probably wouldn't like to say created, but like they…”

“I think the Startup community is so insulated that you could actually overcome the chicken and egg problem through brute force. Cause there's not that many investors and you could find, you can quickly see who's worked with them just by looking at their portfo…”

“They had booted up 28 campuses in 30 days, which I love. They get into YC. They're one of the only non-technical teams to even get into YC.”

“Like YC did the same thing. He's like, it's going to be easier for me to take badass engineers and teach them the basics of fundraising and hiring and firing than to take an MBA who knows everything about fundraising and hiring firing, but can't build shit. An…”

“I was only invited once cause I was pretty anti raising money.”

“The biggest Successes out of YC have typically been that, right? The Airbnb guys renting out their own apartment to make hay, or Brian Armstrong doing Coinbase because he lived in Argentina and dealt with the currency issues and was interested in Bitcoin. Thes…”

“As soon as somebody showed any sign of interest, they would say, awesome. Do you have your laptop on you? I can just set you up right now. I'll do it for you. And they would literally brute force get customers on board. The person would open up their laptop an…”

“Startups happen because the founder makes them happen. They take off because the founder makes them take off. And he goes, it's like an engine, right? You can't force something that's never going to work to work. What you can do is if something has the potenti…”

“One of the seven questions is, tell us about a real world system that you've hacked for your benefit, right? Not, not literally hacked, but like any real, any system in the real world that you have sort of gamed in order to do it, because that's a high predict…”

“A lot of people now think that they're, you know, maybe they've sort of lost their touch, or the batch size are too big, or the valuation is too high, and actually their hit rate has gone up, even as the batch size has gone up.”

“The first 10 years of YC, they basically turned like something like twelve million dollars Into, like, ten billion dollars of value for them, from themselves, because they were writing super small checks early on and getting basically, like, was seven percent?…”

“The job of being a YC partner or leader of YC is just super hard. Just like a lot, most of those people are going to fail. So you have to kind of delude, delude yourself. If you really want to say only focus on what could happen, well, it's probably not what's…”

“In that extra 24 hours, he ends up getting an email from Virgin the night before Demo Day that says, you're allowed to announce, we'll take the first 10 planes, we've got options on them, and through Virgin Galactic, we'll even help you build it.”

“Still to this day, nobody's walked into YC Demo Day with five billion dollars worth of letters, letter of intent.”

“If we look back today, most of the companies from that batch did not make it. Most of them went BK and then people took normal jobs or started new companies and then eventually found success.”

“So we did go through YC and we raised about a million and change, but that's all the primary capital we've ever taken.”