I am Sam Altman, President of Y Combinator

Re:I am Sam Altman, President of Y Combinator – AMA by sama on Friday October 09, 2015 @12:06PM (#10360978)

1) No specific advice--we fund lots of companies whose products target far-away markets and are particularly interested in doing so. The only different question we might ask you is "How will you handle being away from your users for 3 months?"

2) We have funded companies that have raised more than $10 million, and they've said they still got a lot of value out of YC. If anything, it's usually the existing investors that have a problem with it.

3) Standard deal, BUT we buy common stock, so it doesn't trigger any anti-dilution stuff. Most investors understand that YC is mostly "sweat equity" anyway.

I might come to Brazil for New Years!

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Re:I am Sam Altman, President of Y Combinator – AMA by berpasan on Friday October 09, 2015 @12:11PM (#10361033)

Wow, that would be great! Please, let us know if we can help in any way during your visit. Lots of interesting things for you to see in the Brazilian startup ecosystem. We are close to São Paulo (where Embraer, the 3rd largest airplane manufacturer in the world is located). Regards

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Re:I am Sam Altman, President of Y Combinator – AMA by cfontes on Friday October 09, 2015 @01:41PM (#10361907)

That is my home town! What do you guys do? I currently live in Campinas but would love to know Startups in SJC!

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Re:I am Sam Altman, President of Y Combinator – AMA by berpasan on Friday October 09, 2015 @02:24PM (#10362281)

Plz, come visit us: http://redealumni.com

My email is bernardo ARROBA redealumni PONTO com

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Re:I am Sam Altman, President of Y Combinator – AMA by beambot on Friday October 09, 2015 @01:31PM (#10361794)

Minor nit on #3: Doesn't the new YC stock agreement come with pro rata rights...? Doesn't that mean it's not really common stock? (In the sense that those rights aren't explicitly given to employees and founders.)

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Re:I am Sam Altman, President of Y Combinator – AMA by sama on Friday October 09, 2015 @04:09PM (#10362956)

You can still have pro rata rights on common shares.

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Re:I am Sam Altman, President of Y Combinator – AMA by rohit_goyal on Saturday October 10, 2015 @09:35AM (#10365457)

When are you visiting India? Which cities would you be visiting. I strongly recommend visiting Powai Valley(Mumbai). It is a very small area highly dense with great startups. The ecosystem is insane here as almost 90% of the start up are founded by IIT-Bombay alums (I am also one) which is just 2 km away from the area. Many people from SV who visited here have said this is better than SV in terms of eco-system.

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Re:I am Sam Altman, President of Y Combinator – AMA by jbernab on Tuesday October 13, 2015 @12:59AM (#10378624)

If you come to Brazil and you can spare a couple of hours it would be very nice to have you in one of our meetups for our local community http://meetup.com/Germinadora/ we are fans of YC.

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