“Turns out there's no part of non-governmental U.S. GDP that one can't innovate on. In ways that are not five, 10% improvements, but are hundred to a thousand percent improvements in resource inputs.”
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More from Vinod Khosla
Opinion
Khosla: 90% of VCs add no value, 70% add negative value
“I think, 90% of investors add no value. In my assessment, 70% of investors add negative value to a company.”
Vinod KhoslaJan 9, 2019▶ 3:59Vinod Khosla : How to Build the Future · Y Combinator
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Khosla: Process managers prevent startups from becoming truly great companies
“And so, if you have great managers, good process people, they will work against allowing the company to become great. They'll take, take a great idea and turn it into a good one, And execute a decent idea at lower risk that's more reasonable, more sensible.”
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Khosla tells Sam Altman his biggest problem with Y Combinator startups
“By the way, this is my single biggest beef with YC. Not enough option pools. Right? Not enough option pools. Not enough focus on recruiting the right co-founders.”
Vinod KhoslaJan 9, 2019▶ 24:36Vinod Khosla : How to Build the Future · Y Combinator
Opinion
Khosla: Many investors prioritize short-term revenue over long-term strategic assets
“My big beef with a lot of investors is they want revenue, They want to meet plan as opposed to collect assets for this larger ascent to Mount Everest.”
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Insight
Khosla: Rate of learning matters far more than experience in startups
“Experience doesn't matter. The rate of learning matters. First principles, thinking matters. Pick for the best athlete, not the person who's the most established wide receiver who knows how to run one pattern and one pattern only.”
Vinod KhoslaJan 9, 2019▶ 9:38Vinod Khosla : How to Build the Future · Y Combinator
Insight
Khosla: Top executive hires should elevate peers, not just execute functional roles
“Ah, when you hire a VP of marketing, and I've said this to you before, one question, the functional question is, can you do marketing? But that's not the most important question. If he's one of the top five people in the company, The most important question is…”
Vinod KhoslaJan 9, 2019▶ 11:58Vinod Khosla : How to Build the Future · Y Combinator
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