Y Combinator Startup Podcast

#107 - Vinod Khosla and Sam Altman

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Jan 9, 2019
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INSIGHT

Building a Billion Dollar Company Mindset

  • The mindset of building a zero billion dollar company starts with assembling the right team from day one.
  • A company becomes defined more by its people than its initial plan.
ADVICE

Choose Experienced Investors and Board

  • Avoid investors who haven't earned the right to advise by experiencing startup hardships.
  • Trust board members who understand and support risky, ambiguous decision-making.
ADVICE

Discern Trustworthy Advice

  • Learn to discern whose advice to trust based on their relevant experience and mindset.
  • Avoid advice from people unfamiliar with high uncertainty and rapid change in startups.
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