Short Essay Life is a race which is all about winning. But winning is not the only end point. In life, we should understand no one has made great achievements in the first day.
Want to start a startup? Get funded by Y Combinator. August This is a talk I gave at the last Y Combinator dinner of the summer. But it seemed worth spoiling the atmosphere if I could save some of the startups from preventable deaths.
So at the last minute I cooked up this rather grim talk. A couple days ago I told a reporter that we expected about a third of the companies we funded to succeed.
Actually I was being conservative. Another way of saying that is that half of you are going to die. If half the startups we fund succeed, then half of you are going to get rich and the other half are going to get nothing.
If you can just avoid dying, you get rich.
It certainly describes what happened in Viaweb. We avoided dying till we got rich.
It was really close, too. When we were visiting Yahoo to talk about being acquired, we had to interrupt everything and borrow one of their conference rooms to talk down an investor who was about to back out of a new funding round we needed to stay alive.
So even in the middle of getting rich we were fighting off the grim reaper. You may have heard that quote about luck consisting of opportunity meeting preparation. About 10 of them so far.
Mostly they crawl off somewhere and die. I realize this will sound naive, but maybe the linkage works in both directions. That may not be so naive as it sounds. Every dinner is a kind of a deadline. If this works, it would be an amazing hack. It would be pretty cool if merely by staying in regular contact with us you could get rich.
A variant is to stay in touch with other YC-funded startups. There is now a whole neighborhood of them in San Francisco. If you move there, the peer pressure that made you work harder all summer will continue to operate. When startups die, the official cause of death is always either running out of money or a critical founder bailing.
Often the two occur simultaneously. Startups rarely die in mid keystroke.\\FROM OUR READERS; Essay contest: Who do you admire?
Our essay contest winners wrote about a brother who is gay, a mom who works hard and an inspiring wife. Never, ever give up. My father said it to me for the first time nearly thirty years ago. He gripped his sooty hands around the steering wheel of his beat-up Chevy truck and stared out through the windshield, while the wipers batted away big, fluffy, white snowflakes.
Well, if Canada was a world superpower or a world power in it’s own right the comparison would hold up better. Athens may have specialized in it’s navy rather than elite infantry but it was a formidable force in it’s own right and a center of trade, which is why it isn’t overshadowed by it’s more aggressive neighbor, to continue the analogy.
Sep 05, · never give up everyone is better than that. September 14, doesn't mean we have to let go of our dreams and give up. Yes, life gives us so many trials that we can't bare, or . August (This is a talk I gave at the last Y Combinator dinner of the summer. Usually we don't have a speaker at the last dinner; it's more of a party.
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