A Quote by Michael Seibel
One of the things that's so interesting when talking to minority founders specifically is that there is really a knowledge gap in understanding what the risk-reward profile is for doing a startup.
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Creationists eagerly seek a gap in present-day knowledge or understanding. If an apparent gap is found, it is assumed that God, by default, must fill it.
Every thing at a startup gets modeled after the founders. Whatever the founders do becomes the culture.
The best founders are extremely thoughtful and have an eye for quality. I don't know if there's any generic advice here that would be helpful. Startup knowledge is a moving target.
My dream guests are really not so much celebrities. They're people who are actually interesting and they're doing something interesting with their lives or had an interesting experience in some way. I really enjoy talking to regular, everyday people.
Public education is the key civil rights issue of the 21st century. Our nation's knowledge-based economy demands that we provide young people from all backgrounds and circumstances with the education and skills necessary to become knowledge workers. If we don't, we run the risk of creating an even larger gap between the middle class and the poor. This gap threatens our democracy, our society and the economic future of America.
The average American thinks billionaire investors are going to be right based on some talking head. They invest and they have no backup plan. Americans think these guys are giant risk-takers. The truth is they believe in taking as little risk as humanly possible, for the maximum amount of upside. They're looking for that spread of disproportionate risk-reward.
People are still very focused on the startup story: Risk-taking founders, with a bold idea, some capital and a network supportive environment, go out and take the shot on goal. But the problem is, this is no longer the truth about what makes Silicon Valley so special.
I would never talk just to be social. Now, to sit down with a bunch of engineers and talk about the latest concrete forming systems, that's really interesting. Talking with animal behaviorists or with someone who likes to sail, that's interesting. Information is interesting to me. But talking for the sake of talking, I find that quite boring.
Mothers are doing a better job talking about risk, danger, reproduction, consent, unwanted pregnancy. We're not talking about how to balance the risks and joys and we're really not talking about the joys.
If it was really successful, it was a life calling, a career I was excited about doing, so I didn't think the overall risk was anywhere near as high as what the reward was.
Knowledge by itself does not give understanding. Nor is understanding increased by an increase of knowledge alone. Understanding depends upon the relation of knowledge to being...It appears only when a man feels and senses what is connected with it.
One has to give minority groups a kind of reward, an emotional reward, that it is worthwhile assimilating to this particular majority group. And if this majority group looks down on itself ... If a minority group is not given some pride in assimilating to the culture of another group then the process is very difficult.
Every good startup is a cult. And it's really hard to create a cult if you are sharing space with people. Because a cult means you think you are better than every other startup, you have a special way of doing things that's better than anyone else in the world.
There is a long history of founders returning to companies and doing great things. Founders are able to set the vision for their companies with an authority no one else can.
The first time I went through YC, it was smaller, and the founders were younger. The advantage of that was that the set of founders who were older than us had really seen the Web 1.0 meltdown. They brought that knowledge to us.
I basically apply with my teams the lean startup principles I used in the private sector - go into Silicon Valley mode, work at startup speed, and attack, doing things in short amounts of time with extremely limited resources.
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