A Quote by Sam Altman
If you can just learn to think about the market first, you will have a big leg up on most people starting startups.
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We're seeing a lot of major companies as well as startups coming up with smartwatches that replicate a lot of the functionality you might have in your smartphone. Will it be as big a market as smartphones? Probably not, but it still can be a very substantial market.
Sometimes people think Y Combinator has big ideas about themes. But really, we just fund the best startups.
Startups have finite time and resources to find product/market fit before they run out of money. Therefore startups trade off certainty for speed, adopting 'good enough decision making' and iterating and pivoting as they fail, learn, and discover their business model.
The Middle East would always be an important trading partner in just a market sense, like America is a big market for us, Asia is a big market, Europe is a big market. You are going to have hundreds of millions of consumers there, from just a standard market point of view, from a very narrow American point of view.
I think that sometimes people talk about disruption, and I've seen tons of startups come in as disruptors and then disappear. And I think what we need to do as an industry is think about a world that is dominated by mobile and software and not extrapolate from what was. And I think a lot of big companies tend to want to do that.
The thing I always try to remember is that feet are attached to the leg, and that you must prolong the silhouette. The shoe elongates the leg and does it discreetly. The goal is to get people to look at a woman's legs. It's all about the leg. No, it's not about the leg. It's about the woman.
I think the rise of A.I. is bigger than the rise of mobile. Large companies are sometimes as worried about startups as startups are about large companies. Ultimately, it will be about who delivers the best service or product.
One of the frustrating things for people who miss the first rally in a bull market is that they wait for the big correction, and it never comes. The market just keeps climbing and climbing.
People say, 'Dream big!' - but you have to think about the logistics. It's not just coming up with a great idea; it's how you can sell or market or promote that great idea.
Adrian suddenly glanced up at me. Our gazes locked, and I felt like he could read my mind. How often did he think about that kiss? And if he really was crazy about me, did he imagine more than just kissing? Did he fantasize about me? What kinds of things did he think about? His lips on my neck? His hand on my leg? And was that leg bare . . . ?
Well, the big products in electronics in the '50s were radio and television. The first big computers were just beginning to come in and represented the most logical market for us to work in.
Lula aimed to both internationalize big Brazilian capital and improve the domestic market and the condition of the poorest in Brazil. In the gaze of a lot of people, this was a big contradiction, but for Lula, this was the most natural thing in the world, to think about these two things together.
What most people really object to when they object to a free market is that it is so hard for them to shape it to their own will. The market gives people what the people want instead of what other people think they ought to want. At the bottom of many criticisms of the market economy is really lack of belief in freedom itself.
... the thing we see wrong with YC apps most frequently, is that people have not thought about the market first and what people want first.
Because most startups are lean and scrappy organizations consisting of a limited number of people and supported by an even smaller number of resources, startups cannot afford to have any slackers on board. When you fail, you cause an 'epic failure,' and when you win, everyone in the company knows about it.
But lots of people do parody now. The whole mash-up thing that's so prevalent now was starting in the 80's when I was starting to think about this stuff. I certainly wasn't the first person to do it but now... comics mash-ups, all kinds of mash-ups are everywhere.
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