Chapters (Powered by ChapterMe) - 00:00 - The Lightcone Podcast 01:25 - Intro 04:17 - Advantages young founder in college have 05:15 - Working for Microsoft cost me $200 million 07:19 - Did any experience in Microsoft help you with your startup? 07:54 - Working at Intel 08:44 - Energy level working at a company vs startup 11:04 - Founders who have not worked set high bar for success and avoid bad habits 12:44 - Your startups going from 0 to 1 13:28 - Technology impact on society 14:34 - Things to look out for: Long game 15:26 - Setting your goals crazy high 16:16 - Example: Alex from Scale 16:41 - Work life balance is complete bullshit 17:57 - YC Stats: Triple the number of more college students. What's changed? 18:53 - Idea maze 19:49 - Wrap up
@Nolimit2764 ай бұрын
Dropping out of an Ivy leauge is very different than dropping out of a regular university. You guys wouldn't even look at people who didn't go to an ivy.
@plumrains50102 ай бұрын
People who didnt go to an Ivy just arent smart enough most of the time
@consumedata45444 ай бұрын
YC love the aesthetic of people who didn’t go to college/dropped out. Yet their application process is hyper-focussed on “What school did you go to?”
@ycombinator4 ай бұрын
“Hyper focused” is really inaccurate. If anything I focus on the demo. -Garry
@noorlancer4 ай бұрын
Garry himself cooked u
@donventi35674 ай бұрын
@ycombinator I plan to start my startup after college because I don't come from enough money to do it without a good paying job. If I had the funds I would do it in a heartbeat. My startup idea in my opinion is stark but without a good mvp and a decent client base, funding is nearly impossible.
@kevinschmidt22104 ай бұрын
@@donventi3567 But when will you get started on planning to start your startup?
@ckmichael84 ай бұрын
@@ycombinatorare yc more focused on us founders these days? i am unfortunately not from US and only graduated from an asia top school but I really need a chance for an interview, but it seems that not much good news for international applicants recently..
@winkletter4 ай бұрын
So if I'm hearing this right, the main advantage of a college student is their fundamental capability to be convinced that they should work like a pack mule and bet their future on a risky venture in the hopes that they too can become an example of survivorship bias. :)
@lucasyoung53764 ай бұрын
Yes, but unironically.
@ugabuga87913 ай бұрын
No one is saying you have to start a freaking billion dollar startup. Of course that's risky and requires extremely hard work. If you want less risk / don't want to work extremely hard, then get a normal job. There is absolutely nothing wrong with that.
@winkletter3 ай бұрын
@@ugabuga8791 Keep in mind that this program is not simply free advice. It's a recruitment drive for Y Combinator. Most of the students they convince to quit school will fail at startups, not win. But if YC can own a stake in at least a few of the companies that do succeed, they'll have downside coverage. Unlike the students who quit college early dreaming of starting a trillion-dollar company.
@startup_cult2 ай бұрын
@winkletter you put it apt. It's all true. As hopeless and less probable it might seem, some crazy folks still go ahead and do it. In a weird way it fulfills you even if you don't make it.
@winkletter2 ай бұрын
@@startup_cult I can see that. I'd rather see people try and fail to create their own business than-egads-clock in each day and end up just as broke. This event, though, is crazy. They bussed in students from local universities and hyped them up on dreams of being the next Google, telling them to drop out of those universities. Basically, YC was outsourcing their selection process to Boston-area colleges and universities. It's both brilliant and insidious.
@PseudoProphet4 ай бұрын
I hate it when elites say College doesn't matter.... But it's always the first thing they ask you about, whenever you meet them For a job or business. 😂😂
@bork52303 ай бұрын
It’s because the hard part about elite colleges is getting in. Not completing them.
@tech.startups3 ай бұрын
@@bork5230 Facts!
@akpost87803 ай бұрын
@@bork5230 The University of Chicago has entered the chat.
@NeonSmlr2 ай бұрын
Dropping out is good for founders, not employees.
@stephenstanton68603 ай бұрын
I really love YCs content but this to me just kinda sounds like the message is to not be in school, don’t work a job, and the younger you do this the more likely you are to succeed. When the statistics for entrepreneurs really says the opposite. Maybe I missed the message here but that’s what I’m getting
@slack1284 ай бұрын
As a 41 year old dev seeing all these youth-focused videos kind of bums me out
@beepdotboop4 ай бұрын
Sameeee /sigh
@hugodemenez4 ай бұрын
I am 24 yr old but it hits the same…
@sujantkumarkv54984 ай бұрын
@@hugodemenez same here, 22 and hits hard
@carloslfu4 ай бұрын
Nah, you have an edge guys!
@mushkea1234 ай бұрын
Its a cycle that repeats over and over with every generation
@barobhaiya4 ай бұрын
I have applied to YC 4 time, have been rejected each time. But when ever I spend time listening to them. I learn something new each time. Thanks for putting this up.
@igorbeaver46924 ай бұрын
So why there are so many alumni in the recent batch with titles ex-facebook, ex-ms, ex-lift and so on? Almost half of them as I checked
@siddhantsingh34114 ай бұрын
because unsurprisingly they are also the ones working the hardest of any of us.. You see the titles now, but they did not have a title growing up. No one is stopping us from grabbing that title.
@KN-wb6un3 ай бұрын
Entrepreneurs aren’t geniuses or something special in general they just tend to come from resources/privilege and being ex big tech is one of many indicators of having resources.
@eqfira4 ай бұрын
It is not about college dropout it is freedom to have control what we are doing in right manner no matter you are in college or not
@powerHungryMOSFET4 ай бұрын
already many students dropping out because of no jobs and companies not looking college degree anymore
@howtoactuallyinvest4 ай бұрын
Thank God. Student debt is fucking criminal in 2024 when information has been free for decades
@inquisitorofthegodemperor84343 ай бұрын
@@howtoactuallyinvest Yep and especially when that information from KZbin is WAY more current than the materials college provides - teaching the past vs teaching the now and the future
@QueenLover-j5i4 ай бұрын
By YouSum Live 00:00:13 Perfect time for young founders to start a startup. 00:02:00 College students have a significant advantage in the startup world. 00:02:41 Five trillion-dollar tech companies started by founders with no prior work experience. 00:11:55 Importance of starting early to build a world-changing company. 00:14:40 The exponential power of compounding growth in startups over time. 00:16:01 Work-life balance is not crucial for startup success; dedication is. 00:18:32 The current era offers abundant AI ideas for young founders to explore. 00:19:02 Guidance in navigating the startup journey akin to finding a path through a maze. 00:20:00 Funding 10% of attendees from previous talk. 00:20:14 College students ideal time to start startups. 00:20:22 Returning with partnership to inspire again. By YouSum Live
@mPajuhaan4 ай бұрын
When you follow patterns, it is less likely to find outliers. Dropouts in 2005 were unexpected founders; by 2024, they are common!
@george_davituri4 ай бұрын
maybe it's getting more common
@hadeethdaily73004 ай бұрын
My KPIs for the startup are - - Revenue target of $100 Bn in next 10 years - 30% profit margin - 85% Utilisation - CFB - 7/7 rating - Quality - 100% FTR - Spending $1 Bn on helping poor and needy people. - Spending $1 Bn on spreading peace and helping countries to stop conflicts - Spending $1Bn on training unemployed youths for future-ready - Spending $1Bn on welfare scheme of my employees. - Spending $1Bn on people who take care of their retired parents.
@yadurkurup2204 ай бұрын
Waiting for my interview , hopeful ❤, good insights.
@TresadorАй бұрын
It's crazy that I've never heard of most of these companies or ideas. It's like there is so much going on in the background.
@pablotroyse13294 ай бұрын
What great chemistry from this group
@emileeid63474 ай бұрын
Thank you For this video Y Combinator your an inspiration to me and many others for giving knowledge and inspiration on start-up life and work balance great motivation I am as a Tech & AI Enthusiast and a CS student .
@EcomCarl4 ай бұрын
It's inspiring to see how YC Startup School East empowers young founders, highlighting that some of the most transformative tech companies started without prior work experience 🚀. This serves as a powerful reminder that the entrepreneurial journey doesn't have to be delayed for the sake of traditional career paths.
@s.79803 ай бұрын
Work life balance is bullshit if you want to a build something people want. That’s very real and true advice.
@theyoutubeacademic27634 ай бұрын
It was a great event to be there in person!! Thanks for putting this together!
@aooa25259Ай бұрын
Was the talk longer than the 20 mins shared here?
@theyoutubeacademic2763Ай бұрын
@@aooa25259 It was a daylong event with many talks. This was all they put on KZbin I think
@lorenzolarghi2874 ай бұрын
My friend.. go to college, study hard, work harder and eventually try to start something. You can’t innovate if you don’t master something. You could have luck with some dumb ai wrapping, but there’s always space for luck, while education happens best at young age. Never compromise on knowledge.
@shaheryarkhan71314 ай бұрын
College degree have no relation with new inventions or change the world. You can build something without college degree.
@EvergreenAlex-Nworie4 ай бұрын
how ignorant
@rishavsarkar77294 ай бұрын
Do you only accept ivy league drop outs? What are the other requirements, honestly?
@ycombinator4 ай бұрын
No we accept lots of people with no pedigree
@karanshah-qw9df4 ай бұрын
Coming to your point of college students directly starting up , do you think they know enough about the problems to be solved? I see many college grads with their limited work experience, typically come up with consumer ideas which according to YC are usually 'tarpit' ideas. Can you tell more about how fresh college grads can think about actually mature ideas (coz i don't want to waste my precious years drowning in tarpit)
@musicmavericks37904 ай бұрын
Thank you YC!!
@arincrumley90464 ай бұрын
You guys are amazing.
@StreamAgencyАй бұрын
I didn't go to an ivy and I think YC has looked at me. 😀
@hubbyhubs-hm8xb4 ай бұрын
What made you guys decide to unlist the video?
@Dxma-os5ln4 ай бұрын
Curious whether gpt4 omni has consolidated YC focus to dedicate more money and effort to AI companies or made you think again
@aryanjha35304 ай бұрын
Is YC focussed on sectors with physical product anymore? Looks like hardtech and manufacturing are going to take a back seat for the upcoming cohorts.
@ycombinator4 ай бұрын
Check out the other episode we recently published: kzbin.info/www/bejne/m6OndmWba56XosU
@softcoda4 ай бұрын
I’m in my late 30s. Is it too late? I’ve got so many great tech and AI ideas.
@ycombinator4 ай бұрын
It’s not too late.
@jbulatao4 ай бұрын
I believe that any time can be a good time to launch a startup, but it heavily depends on the problem you're trying to solve. Is the problem relevant today? Another key consideration is the founders. Are the founders prepared? Do they have founder-product fit? Essentially, the timing boils down to two main questions: Is the problem relevant today, and are these the right founders to solve it?
@madhav35914 ай бұрын
I’m an immigrant and quit my job at Tesla to build an AI agent for manufacturers. Applied to S24 and hope to be a part of such a vibrant group of crazy people (founders) like myself
@karlaerronbauer5914 ай бұрын
Insightful Video
@optik2k6654 ай бұрын
Losing my desire to get into YC slowly, more of losing hope, unless i put something related to AI in my product :) It's kind of discouraging for people working real hard on real products, but YC only accepting GPT wrapper companies
@ycombinator4 ай бұрын
YC accepts all kinds of companies. What are you working on?
@journeytothevoid28994 ай бұрын
@@ycombinatorwe’re working on an A.I Powered BlockchainGPT built from our already existing Staking as a Service, Nymbus Capital LLC. Applied for S24
@meetsta4 ай бұрын
@@ycombinator We're still waiting for YC to review our application. We're building a personalized community space for college students by training and integrating modern small language models.
@optik2k6654 ай бұрын
@@ycombinator Software for field service businesses, but focused on UX and simplicity
@optik2k6654 ай бұрын
@@ycombinator A software for field service businesses. there's no AI till now but planning to use AI for auto measuring landscapes.
@roberthammond31774 ай бұрын
Big corporations are creativity killers. It’s a weakness that young, nimble, and fast startups can exploit.
@vallab194 ай бұрын
AI Inspirational start-up talk.
@marcelriedeman92864 ай бұрын
where can I find info about YC events?
@K_badosh3 ай бұрын
loved it, can you somehow improve the audio??
@schowdhary0511804 ай бұрын
It reminds me of Sumantra Ghoshal's "Smell of the Place" when it comes to the experience of working for giants.
@Trex20064 ай бұрын
loved it 🥰
@amanlalshrestha42042 ай бұрын
Thank you !
@ozioma3 ай бұрын
The captive animal analogy is great until you realize that successful founders will eventually become those doing the capturing and energy-sucking....
@Last-Code-Bender4 ай бұрын
The next billionaire will be a high school. Dropout
@qet-lab4 ай бұрын
Very many people know yc but very few people understand what it is
@chriswilfrid4 ай бұрын
Do YC accept Compound Startup?
@charliesultana93094 ай бұрын
What i dont like is that it feels like they don't mention that they have vested interest in people working super hard and attempting to start a trillion dollar company. The fact is that big corps have their drawbacks, but they can also provide you with 1.some savings, so it's easier ot take risks and 2. something on your resume, so you can get a job down the road.
@george_davituri4 ай бұрын
When I dropped out I was not intended starting a company, I had some other reasons. Wish it to be other reason, something like creating AI unicorn to that time. small note: the more far you are located from USA, it's super hard to catch up with the latest innovation trends, hot topics, despite social network. Sometimes even unis teach outdated stuff. Betting on AI ☺
@kevinschmidt22104 ай бұрын
Naaaa! The next AI billionaire will be a Baby Boomer! They have been on the internet since the beginning of the dialup days, and have been involved with writing code since the punch card days. Nobody knows more about the industry than they do. Plus, they are comfortably retired and don't have to worry about money or wasting time working at a survival job. Actually, the only entrepreneurs who have an advantage are those with really good ideas for a startup. Everyone else will fail, regardless of their initial advantages.
@mimi217464 ай бұрын
Entrepreneurs barely start out as experts.
@kevinschmidt22104 ай бұрын
@@mimi21746 That is stating the obvious and just another reason why the next AI billionaire will be an older, much more experienced Baby Boomer.
@WilltwoyouofАй бұрын
Kon kon english Sikhne aaya he like❤❤❤❤🎉🎉🎉🎉
@naikajean58343 ай бұрын
Does YC accept startups based in other countries than the US?
@ProfRa65744 ай бұрын
Wow those stage lights are super annoying.
@videozippydirector87644 ай бұрын
I've an idea that I believe will Address various problems faced by Indian citizen and will revolutionize the Transportation sector in tier 1 and tier 2 cities. But I've absolutely no idea where to start from,what to do, how to do it? Can Someone guide me through the process?
@Nepali-entrepreneur20244 ай бұрын
I will make millionaire dollar company In nepal by 2030
@j1o23kfgall4 ай бұрын
looks like the hype of startup is back
@hoangtran-ek8mn4 ай бұрын
Not the hype, it will be the future
@j1o23kfgall4 ай бұрын
@@hoangtran-ek8mn ok, impending crash soon
@tzenmatteo4 ай бұрын
@@j1o23kfgall at least you understand
@invest21154 ай бұрын
Can a 40 year old divorcee do a startup or you have to be 18-24 years old?
@gotemlearning4 ай бұрын
What was the edgy thing he said lmao
@ycombinator4 ай бұрын
🤐
@joseperez-ig5yu4 ай бұрын
Next trillion dollar company will have been inspired by AI!🎉😅😊
@MiguelReynolds-mw2mx4 ай бұрын
This is a fantastic message to empower entrepreneurs, entrepreneurship, and economic development. We live in challenging times, so more than ever, curiosity, grit and collaboration are essential to solve real problems to real people. I am one of those that spend all my life creating companies and despite all the challenges, being able to have unlimited dreams make it rewarding.
@ramitkoul4 ай бұрын
This is insightful!! 💯
@noahloyd94 ай бұрын
One day, one day
@sukhdevmishra86314 ай бұрын
I love it ❤
@mercykyallo86074 ай бұрын
I wonder if YC takes African start ups. 🤞🏾 we applied.
@Darth_Bateman4 ай бұрын
I would NOT lead with that if I was you and JUST focus on the tech and the story of your team, they can't empathize and will likely lean towards "no" the moment you use that.
@mimi217464 ай бұрын
@@Darth_Bateman exactly, you said the unsaid. Never talk about race, geography, gender... It's a victim card.
@jimmykimani264 ай бұрын
Hi, applied too. What's your start up about? @mercy
@mercykyallo86074 ай бұрын
@@Darth_Bateman well what if everything check out but our location ? just asking,
@mercykyallo86074 ай бұрын
@@jimmykimani26 It’s a meet up platform 🙂🙂
@climentea3 ай бұрын
6:24 they all sit the same on the chair - looks like a glitch 😅
@mcdonaldslover524 ай бұрын
AI boom was exciting up until the point where everyone realised that compute is king. Now its just a pointless endeavour because any startup without billions in funding is going to be eaten alive by the big 4 models that are already ahead
@ycombinator4 ай бұрын
Big 4 can’t ship but you, a startup, can
@george_davituri4 ай бұрын
create for concrete use case, and use chatgpt 4 as wrapper for your service. and you will be good, you don't need billions for it
@george_davituri4 ай бұрын
create for concrete use case, and use GPT 4 as wrapper for your service. and you will be good, you don't need billions for it
@LLJW-je4js4 ай бұрын
Ofc, you can. You're not competing against those big corporates, you're competing against product managers at those companies
@chriswilfrid4 ай бұрын
Garry Tan for President! 🇺🇲 From us from Malaysia!🇲🇾 We are so proud of you!
@vivekjyotibhowmik80084 ай бұрын
Yes i also feel so ❤
@peternagy32274 ай бұрын
How to get into ai, and be in the cutting edge within 6 months?
@Vaishnav-Mankawade4 ай бұрын
Title of video changed?
@stuffystuffy86834 ай бұрын
Harj is one of the only that I find authentic.
@SuperKillaki4 ай бұрын
YCs number 1 JTBD is make/keep startups sexy.
@milosjovanovic8034 ай бұрын
I have applied for YC summer batch 24, still didn't receive any response. Will YC at least send me the auto rejection email if you guys will not accept my application?
@SylvesterMolokoane4 ай бұрын
They said replies will start coming in May 29th.
@milosjovanovic8034 ай бұрын
@@SylvesterMolokoane I thought that is the last day to hear back from them?
@mimi217464 ай бұрын
@@milosjovanovic803 😂😂
@ilyaspark52994 ай бұрын
@@SylvesterMolokoane you're wrong, the rejections are coming on May 29th, but a lot of people already getting interviews and getting accepted.
@milosjovanovic8033 ай бұрын
@SylvesterMolokoane I still didn't got any response, which means they will send me an automatic email by tomorrow :(
@ANYTHINGHH4 ай бұрын
This seems Interesting.
@onelucian4 ай бұрын
wish YC could take solo-founders more seriously. been browsing cofounder matching for half a year now, there's no one that comes even close to being fit for what I'm building. being a first-time founder that didn't work for any big company makes it even harder to paint a promising first-impression wish you could just use an LLM to tell you who to choose. make an experiment. see if it chooses the next unicorns. I bet you'll be surprised. we all know the outliers are extremely weird/unconventional/contrarian -- optimize for those
@mantiswill4 ай бұрын
what are you building?
@Rajibuzzaman_STEM_Rajibuzzaman3 ай бұрын
U WILL FUND U
@HolmesElla-n4g9 күн бұрын
Allen Daniel Taylor Gary Gonzalez Michelle
@Last-Code-Bender4 ай бұрын
College will be redundant if you have AI at your disposal
@ADOCATO4 ай бұрын
I think people should think off how they can make it super easy to work with llm
@ThePolaroidPicture4 ай бұрын
This made me way less interested in YC, unfortunately.
@kaloca2 ай бұрын
Why?
@Arch882414 ай бұрын
I am following YC from past 6 months , i am resident of bengaluru India, i have 6 ideas to start my SaaS but i am just 12th passed preparing for jee advanced which is on 26th may of 2024 , but i have no hopes on getting iit, but i am very enthusiastic to start a SaaS , i am into coding from 6th standard i know frontend and cpp i also have one inter collegiate certificate where i got 1st place in coding& debugging competitions, but i am lacking from mentors and funds, everybody know who asian parents react for college dropout i dont wanna waste my nxt 4 years in some private college which have out dated curriculum, please @ycombinator provide me some assistance and guidance 😊. Hoping that my vision come true. Thank you for the rich contents.
@mantiswill4 ай бұрын
same here lol wanna connect?
@happychickenrainbow4 ай бұрын
I got the inspirational message: quit college and join YC! I am a little young, but in a few years . . . .
@ReginaTye-e8c3 күн бұрын
Harris Shirley Gonzalez Donna Thompson Michelle
@plupboutuye21043 ай бұрын
Understandably that AI is at the forefront of startups right now, but the startup sphere is REALLY lacking in hardware and hard tech.
@larryabecid28194 ай бұрын
Which college? Are the best places
@Nimisha3694 ай бұрын
Is it AI or Aggregating information?
@friedpizza2624 ай бұрын
And understanding how it connects together and how to use it effectively, without human intervention. That's intelligence.
@mantiswill4 ай бұрын
wont a good agi eat up any startup?
@tzenmatteo4 ай бұрын
scale dumping.. you're welcome
@boypotus4 ай бұрын
Poor analysis
@jasondou57464 ай бұрын
Garry is such an amazing natural seller!
@mimi217464 ай бұрын
But a very poor realist compared to Dalton and Michael Seibel
@Midori_2823 ай бұрын
What is her name?
@prophetic3693 ай бұрын
If you guys have the way I 1 have the idea it is a great idea that woukd really help the world.I I have to be honest I never get sick EVER pretty much and I haven't felt good for the last two days so I am not going to explain to much on a comment I don't mean to sound flaky and you can trust me if you are interested i never feel sick its been years. Please respond
@RahulBansal144 ай бұрын
Hit me up, If you are looking for a tech co-founder.
@tanvimehta4 ай бұрын
Beg to differ, one really has to have exposure and a deep hatred for corporates in order to be a better entrepreneur. .. just kidding :D :D
@mulalomasindi68393 ай бұрын
Is the anyone in 20 , who which to start billion dollars startups with me
@Faustordz4 ай бұрын
Heard!
@sprycmg2 ай бұрын
you guys are making videos for privileged people only
@vulning29053 ай бұрын
Shipping constipation Amazing Joke
@davidestfanous93624 ай бұрын
good show, but no value
@chan90s4 ай бұрын
I'm working on AI COO assistant - Have your clone. Plug your knowledgebase and you have your clone/assistant. No personal runway though. If anyone can help me with me to pay my bills, I can keep working on this