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sama
searching PlanetScale…
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691.
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by
sama
12y ago
if you are a part-time VC, we are very unlikely to fund you unless you agree to quit in the interview. it's hard to start a startup no matter what, but much more so with a part-time job on the side.
692.
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by
sama
12y ago
most partners don't look at this very much.
693.
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by
sama
12y ago
we do, but we buy common stock, and no one thinks of it as a normal investment, so it's almost never problematic.
694.
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by
sama
12y ago
a lot--i updated the post to reflect this.
695.
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by
sama
12y ago
clickable: http://pastebin.com/NuxLFmW4
696.
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Chapter Two of Peter Thiel's New Book
220 points
by
sama
12y ago
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68 comments
697.
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by
sama
12y ago
the energy and biotech companies that went through YC this summer seemed to have a good experience. we can often help companies raise very large amounts of capital after YC.
698.
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by
sama
12y ago
you certainly do NOT need an MVP to get into YC. lots of people get in with just a compelling idea. maybe i will write a blog post about this.
699.
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by
sama
12y ago
only in the early years of YC did we require an answer right away. as much time as the founders want has been the unofficial policy for awhile, but i thought it was time to share it.
700.
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by
sama
12y ago
to be very clear, we do just try to recruit the best people regardless of race, gender, etc. you have to cast a wide net to do that.
701.
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by
sama
12y ago
obviously we'll keep their identity confidential. if we were concerned about PR damage, we'd handle this a very different way. just want to help if possible. you should see some of the flames we send our portfolio companies when
702.
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by
sama
12y ago
please reach out to me--sam@ycombinator
703.
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UPower (YC S14) Is Building Nuclear Batteries
(techcrunch.com)
188 points
by
sama
12y ago
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121 comments
704.
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by
sama
12y ago
hi there. could you email me? maybe i can help. sam@ycombinator
705.
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by
sama
12y ago
combo of a n^2 and 2^n function--i think non-US english speakers call it a double-exponential function.
706.
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Startup School Europe videos
(youtube.com)
5 points
by
sama
12y ago
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0 comments
707.
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by
sama
12y ago
it's definitely an extreme data point, though car ownership in SF is expensive no matter how you cut it (most of that maintenance goes into fixing stuff that happens to it when parked on the street, and parking garages are always expen
708.
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by
sama
12y ago
this is not worthy of HN and the concept has been touched on many times here. i only blogged it because it was too long for a tweet and i wanted to reference it in a discussion. please don't upvote.
709.
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by
sama
12y ago
no. at the stage of YC, we're looking for something very different. (though we do try to think independently :) ) we put a small amount of money into a large number of companies. the most important thing is that we not miss a potenti
710.
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by
sama
12y ago
in 5 years, when the numbers should be real, i will shared all my aggregate data. the normal warning i give people: seed investing has always been hard, and likely to continue to get harder. valuations are up on average maybe 3x since i st
711.
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by
sama
12y ago
to be clear: i don't think seed investing is random. far from it. i just think it's really important to think independently and take the time to really get to know founders and understand businesses instead of just following oth
712.
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by
sama
12y ago
debating the extent of the problem of sexism is in tech relative to other fields is very different from saying "there is no sexism in tech at all"
713.
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by
sama
12y ago
we shared the stats on founders born outside the US. it's not a perfect map to race, but it's not a bad one either--there are people of all colors in this YC batch. do you really think we are trying to "score points for 
714.
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by
sama
12y ago
it's really hard to address everything in one post, and i think the issues around gender and race in tech are pretty different. (we did include a stat on international founders, many of which are not white.) i don't think we'
715.
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by
sama
12y ago
where the definition of confirmed = "an anonymous source says to a semi-accurate publication".
716.
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by
sama
12y ago
all YC partners get a share of the profits, and they help allocate the YC pool of money.
717.
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by
sama
12y ago
roughly: HN, internal tools, and (soon) external tools
718.
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by
sama
12y ago
added clarification.
719.
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Welcome new YC team members
(blog.ycombinator.com)
196 points
by
sama
12y ago
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48 comments
720.
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by
sama
12y ago
We hate asking portfolio companies to do any extra work for us. They notify all previous investors when they raise more money, so we have that information, but for jobs and revenue we'd have to ask them to take time to do something th
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