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Y Combinator CEO Shares How They Turn Wild Ideas Into Real Companies

[Steal this] Grow your biz with AI 👉 https://clickhubspot.com/gnt Episode 642: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Garry Tan ( https://x.com/garrytan ), CEO of Y Combinator, about the sauce that makes YC outperform the rest of Silicon Valley plus lessons from Paul Graham, Peter Thiel and Garry’s first million. — Show Notes: (0:00) Winning the game (3:16) Being the Harvard of startups (7:31) How YC outperforms most Silicon Valley investors (9:36) Spotting extreme winners (14:14) Capital-as-a-service (16:34) How Garry hustled at 14 to get his into financial security (23:04) Turning down Peter Thiel's offer to start Palantir (32:20) Garry's first million (44:57) Early days at YC (51:31) The edge of startups with a 2-pizza team (54:36) Advice for founders in AI (1:05:57) The spoon-bending story — Links: • YC - https://www.ycombinator.com/ • Founding Sales - https://www.foundingsales.com/ — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents. — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

Garry TanguestShaan PurihostSam Parrhost

Oct 28, 20241h 9mWatch on YouTube ↗

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EPISODE INFO

Released: October 28, 2024
Duration: 1h 9m
Channel: My First Million
Watch on YouTube: ▶ Open ↗

EPISODE DESCRIPTION

[Steal this] Grow your biz with AI 👉 https://clickhubspot.com/gnt Episode 642: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Garry Tan ( https://x.com/garrytan ), CEO of Y Combinator, about the sauce that makes YC outperform the rest of Silicon Valley plus lessons from Paul Graham, Peter Thiel and Garry’s first million. — Show Notes: (0:00) Winning the game (3:16) Being the Harvard of startups (7:31) How YC outperforms most Silicon Valley investors (9:36) Spotting extreme winners (14:14) Capital-as-a-service (16:34) How Garry hustled at 14 to get his into financial security (23:04) Turning down Peter Thiel's offer to start Palantir (32:20) Garry's first million (44:57) Early days at YC (51:31) The edge of startups with a 2-pizza team (54:36) Advice for founders in AI (1:05:57) The spoon-bending story — Links:
YC - https://www.ycombinator.com/
Founding Sales - https://www.foundingsales.com/
— Check Out Shaan's Stuff:
Shaan's weekly email - https://www.shaanpuri.com
Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents.
— Check Out Sam's Stuff:
Hampton - https://www.joinhampton.com/
Ideation Bootcamp - https://www.ideationbootcamp.co/
Copy That - https://copythat.com
Hampton Wealth Survey - https://joinhampton.com/wealth
Sam’s List - http://samslist.co/
My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

SPEAKERS

Garry Tan
guest
Y Combinator CEO and former founder of Posterous; early Palantir employee with a background in computer engineering.
Shaan Puri
host
Co-host of the My First Million podcast and entrepreneur who interviews founders and investors.
Sam Parr
host
Co-host of the My First Million podcast and entrepreneur known for startup and business interviews.

EPISODE SUMMARY

In this episode of My First Million, featuring Garry Tan and Shaan Puri, Y Combinator CEO Shares How They Turn Wild Ideas Into Real Companies explores garry Tan on YC's Simple Model, Startup Lessons, and AI Garry Tan says YC works through simple, earnest practices: a short application, a 10-minute interview, a standard 7% stake, and a batch of top founders, with 5 to 10 percent of companies reaching $1 billion or more.

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