Y Combinator

“So we've seen far more, you know, 1920, 21 year olds dropping out of college to start AI companies now, mainly because if they don't, like, they'll just miss the boom.”

“So we absolutely have companies that are building foundational models. You know, Diffuse Bio is doing over on the bio side. You know there, you know, there's a company working on, like, robotics foundational models.”

“Which actually, I think that's even, you know, going back to the YC, the cult of YC, I'm starting to realize that is actually one of the core things that we've always believed that extremely technical people those are the people who probably should be, like, …”

“I think Paul Buchheit, like creator of Gmail, he was one of the first people to make a group office hours, which is sort of using social pressure. It's almost like Alcoholics Anonymous as like, but for founders where it's like you really don't want to You, I m…”

“We have 14 group partners at YC now, and each of them fund between 15 and 25 companies each.”

“Yeah, it's about, I mean, two thirds is still like very practical implementation of like ideally frontier models. And then maybe one third increasingly are some sort of infra.”

“About 70% right now.”

“The median YC startup, I think In 2015, 20 14, did not raise, like, that much. It probably still was, like, below a million dollars, and then these days, it's, like, close to a million and a half to two.”

“I think last batch the average ARR of a YC company was six million dollars at the beginning. And at the end, it was, ah, north of 30 mil, and this was over three months. So, to get that kind of growth in a very short amount of time, like, I actually don't thin…”

“I think that that's actually the average age of YC at this point. It is trending younger. Like, I wouldn't be surprised if this year was this current batch for summer was close to 25 or 26.”

“So how do casinos actually advertise their products? They, like, show you the one person that made 300,000 dollars in the slot machine. People get excited and everyone goes and does it. And, you know, everybody knows the odds, et cetera. YC kind of does the sa…”

“When Juan and I brought it up to Alfred and from Sequoia and then YC, we're like, Hey, we're going to sue the government, our regulator. And they're like, we, it's never a good idea. It's just a bad pattern, but we took the risk”

“Like, if you talk to a bunch of YC founders or whoever it is, like, what is their goal? It really is to tell all their friends that they raised ten million dollars and show their parents they got a headline on TechCrunch. Like, that is their goal.”