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I agree, although when you're funding 20 startups at a time, I bet you start thinking about throwing some scratch-ticket ideas into the mix. It's unlikely they
by ericb 18y ago
I agree, although when you're funding 20 startups at a time, I bet you start thinking about throwing some scratch-ticket ideas into the mix. It's unlikely they can pull it off, but with a basket of longshot, astronomical payoff startups, if one pays off, you're in great shape.
- tptacek 18y agoGood for YC. Terrible for the startups. Isn't there something clever you can do with Craigslist?
- pg 18y agoIf you're young enough to try several times, this also pays off for individual founders. I think one reason Sam Altman had no second thoughts about taking on such an ambitious project was that he was only 19.
- dcurtis 18y agoHad Sam Altman done other projects before Loopt?
- pg 18y agoNot that I know of. He wouldn't have had much time; he was a sophomore when he started Loopt.
- benbeltran 18y agoWell then I guess I'm at a good age to think about a proper startup. I just finished sophomore year :P