Anu Hariharan: evaluation

Transcript context

…They really are like undergrads. Yeah. You cannot expect them to know. How are you going to provide resources so that they can learn from others and they do as few mistakes as possible and as quickly as possible? Because when you're scaling, you just go on a rocket ship, but the amount you demand out of these founders is a lot. The bar you're setting is really high. In our community, that's why Brian Chesky comes to speak every batch. He's the opening speaker of every batch. Right now, for all these programs that we run, the group program is how to scale as a CEO. That's literally the program. It's an eight-week session. It talks about hiring execs, performance, management, culture, and so on. We have scaled founders and scaled exec. Tony Xu comes for that. His execs, the CFO of DoorDash, the head of engineering of DoorDash, come for the respective session. It's really good to see the entire community working to transfer their learnings to the next batch of companies. I actually want to ask on a thing that I, for some reason, ask David, even though I probably should have asked you. When a company exits or it has a liquidity event, such as Airbnb, what does YC do with that liquidity? And is YC an LP in itself for future Continuity funds?…

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