Qasar Younis: belief

Transcript context

…Yep YC wasn’t wasn’t as big as, like, an OpenAI is. I directionally agree with that, but I would say that’s not more of a YC function, it’s more of the market has changed. It is a different world. The AI industry is at the AI companies, I should say more specifically, and how they relate to the other YC companies and market, just so fundamentally different. The amount of money raised is different, the amount of investors, the sheer number of seed funds. One of our early investors is Floodgate, and they did some analysis in the late, 2000, like, double O’s, where they were like, “There’s, like, single-digit number of funds that were like Floodgate,” which were, like, writing sub $1 million checks, first checks, and they were not accelerating incubator. And Anne, who’s, who’s one of the co-founders there, with Mike, they said that today they try to do, or like, today as in, like, three, four years ago, they tried to do this analysis and they, like, lost count at, like 350 funds or something like that. So we’re just in a different environment, so the YC advice from 2014- just would not apply in 2026. But Sam is, like, way better at saying these things than me. Like, he sometimes makes sound like He says it in a shorter, most, more interesting and than me. I can just give you, like, the Like, I, like, if you ask me, like, “What is the purpose of a car?” Like, open the owner’s manual and I say “Number one, look, there’s a steering wheel,” and instead of, like, “It can change your life and will be there.” Yeah, it gives you autonomy and freedom.…

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