

Sam Altman on Loving Community, Hating Coworking, and the Hunt for Talent
52 snips Feb 27, 2019
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Unique Venture Capital Approach
- Sam Altman sees the key to venture capital success as discovering talented founders and trusting them to develop great ideas.
- YC itself is run like a startup with network effects, unlike most VC firms that don't practice what they preach.
Decisiveness Defines Founders
- Being quick and decisive is critical for startup founders to leverage agility against larger companies.
- Fast email response time strongly correlates with founder success at YC.
Founders' Typical Background
- Successful founders are usually upper-middle-class, intelligent, and gritty, not necessarily super geniuses or from extraordinary circumstances.
- This reflects a sobering reality about opportunity distribution but defines YC's talent sourcing.