Page 1 • Showing 6 tweets
Helping students come up with good startup ideas is like hooking them up to the deck catapult of an aircraft carrier. If you succeed, they're gone. What are they supposed to do, not work on the idea? And working on a startup is incompatible with being a student.
Prediction: LLMs in their current form may not be able to do everything, but AI now has enough momentum that this won't matter. Beam engines couldn't do everything either, but they were enough to set off the Industrial Revolution.
If you want proof of what a good deal YC is for founders, I just told a UK startup I've invested several million pounds in that I'd be happy if they wanted to do YC. I'd get diluted alongside them, but I know we'd all be net ahead.
It's easier to innovate when you're the original of something. People copying you can only copy a snapshot of your current state. They don't know which aspects of the snapshot are essential and which are random things you'd been about to change anyway.
If you invested at the peak of the Nasdaq in March 2000, it would have been roughly 18 years before you were whole again: 15 years before the index reached the same point, plus another 3 for inflation.
Good cofounder > no cofounder > bad cofounder. This may seem obvious but a lot of people don't seem to grasp it.