sama

51 ms·

721.
by sama 12y ago
that's how much the companies have raised in total, not from us--we invest usually between 15-20k per company. and of course, investors only own a percentage of the companies, not nearly 100%.
722.
by sama 12y ago
Berlin 7/27
723.
by sama 12y ago
Paris 7/28
724.
by sama 12y ago
yay! great job, dang. i may start reading this more than the front page.
725.
by sama 12y ago
you will be happy to hear that 90% of the companies we fund still get mocked on HN and elsewhere for "being small". certainly agree that's usually the way to get huge. and even the "hyper-ambitious" companies we fu
726.
by sama 12y ago
most people seemed to have picked up on this, but we aren't looking for a company that wants to have one million _employees_. i can envision a future where a million people drive for uber, or where someone creates a healthcare platform
727.
by sama 12y ago
good ideas here and in the responses. we will consider.
728.
by sama 12y ago
YC companies complain the most often because they trigger the voting ring when they ask their batchmates to votes them up :)
729.
Tell HN: Don't ask for upvotes
178 points by sama 12y ago|100 comments
730.
by sama 12y ago
kevin is basically just unbelievably good at everything.
731.
by sama 12y ago
i am a bull. i just think that we should talk about what the problems are. ignoring them is not a good way to fix them.
732.
by sama 12y ago
oops, i accidentally published an earlier draft. i added a bit more of my thinking here--my sense is that it would probably lead to less waste than current systems. i'm also not sure it's the right approach, but i haven't he
733.
Silicon Valley and the Edtech Revolution(imaginek12.com)
78 points by sama 12y ago|56 comments
734.
Startup School New York videos(youtube.com)
5 points by sama 12y ago|0 comments
735.
Carlypso (YC S14) could change everything about how we buy and sell used cars(techcrunch.com)
73 points by sama 12y ago|40 comments
736.
by sama 12y ago
"i'm hacking on X, Y, and Z" is a perfectly acceptable response, at least as good as "i work at facebook".
737.
The MakeGamesWithUs Online Academy(makegameswith.us)
73 points by sama 12y ago|39 comments
738.
by sama 12y ago
board of directors has fiduciary responsibility over an organization, usually approves management plans, determines ceo compensation, etc. our board of overseers is modeled after what universities do. it should be much lighter touch than a
739.
Why Startups Need to Focus on Sales, Not Marketing(blogs.wsj.com)
308 points by sama 12y ago|155 comments
740.
by sama 12y ago
obviously i'd recuse myself from a vote about me :) and it's a big board anyway.
741.
by sama 12y ago
seriously? yes, I'm saying these women wrote a particularly good letter. i think its important to praise good work. i didn't say anything about "if only all women were this calm and docile when talking about this subject&qu
742.
by sama 12y ago
this is one of the more thoughtful pieces i've read on the issue. it's obvious to anyone really paying attention the tech industry (and probably most other industries) has been extremely unfair to women. writing like this--clear
743.
by sama 12y ago
we did invest. as a general rule, i think investors shouldn't disclose terms, but if the company wants to, fine w/me.
744.
by sama 12y ago
adam and i talked about it outside of the normal application process
745.
by sama 12y ago
Clearly makes a lot of sense for us :) I think the other companies in the batch will get a ton out of this. I'm hopeful Quora will too--as the YC community grows larger, we can help companies in lots of ways, including with things lik
746.
by sama 12y ago
Nothing in particular. But as we grow, I think it's important we're clear about our expectations. Because the amounts are small and we fund so many companies, we don't do much diligence before investing. So occasionally we
747.
by sama 12y ago
I think, especially in emerging markets, merchants will eventually hold bitcoin.
748.
by sama 13y ago
companies can still apply late for the summer.
749.
by sama 13y ago
we may update this at some point, but really, we're just interested in funding the best founders to work on their best ideas. they likely have better ones than we do.
750.
by sama 13y ago
we tried asking some foundations if they would do a similar deal, and disappointingly they wouldn't. we will keep trying, but we wanted to get something in place for this batch. 100k is not that different 120k. i think it's pre

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