Lightcone, Garry, Diana, Harj and I talk about a number of YC’s hard tech companies and just how far they’ve come since Day 1. Below are just some of them - we cover these, and more, in the episode above.</p><figure class=\"kg-card kg-image-card\"><img src=https://www.ycombinator.com/"https://ghost.prod.ycinside.com/content/images/2024/04/boom-then-now.png/" class=\"kg-image\" alt loading=\"lazy\" width=\"1537\" height=\"464\" srcset=\"https://ghost.prod.ycinside.com/content/images/size/w600/2024/04/boom-then-now.png 600w, https://ghost.prod.ycinside.com/content/images/size/w1000/2024/04/boom-then-now.png 1000w, https://ghost.prod.ycinside.com/content/images/2024/04/boom-then-now.png 1537w\" sizes=\"(min-width: 720px) 720px\"></figure><p><strong><strong>Boom Supersonic:</strong> </strong>Bringing supersonic passenger flights back to humanity. At left, the scale model they had before Demo Day; at right, their prototype jet taking its first flight in March of 2024.</p><figure class=\"kg-card kg-image-card\"><img src=https://www.ycombinator.com/"https://ghost.prod.ycinside.com/content/images/2024/04/Relativity-then-now.png/" class=\"kg-image\" alt loading=\"lazy\" width=\"1537\" height=\"464\" srcset=\"https://ghost.prod.ycinside.com/content/images/size/w600/2024/04/Relativity-then-now.png 600w, https://ghost.prod.ycinside.com/content/images/size/w1000/2024/04/Relativity-then-now.png 1000w, https://ghost.prod.ycinside.com/content/images/2024/04/Relativity-then-now.png 1537w\" sizes=\"(min-width: 720px) 720px\"></figure><p><strong><strong>Relativity Space: </strong></strong>3D printed rockets. For Demo Day in the Winter 2016 batch, they managed to print a rocket engine — a small one, but one that could be fired up and produce thrust. In March of 2023, they launched the world’s first 3D printed rocket into space.</p><figure class=\"kg-card kg-image-card\"><img src=https://www.ycombinator.com/"https://ghost.prod.ycinside.com/content/images/2024/04/Cruise-then-now-2.png/" class=\"kg-image\" alt loading=\"lazy\" width=\"1537\" height=\"464\" srcset=\"https://ghost.prod.ycinside.com/content/images/size/w600/2024/04/Cruise-then-now-2.png 600w, https://ghost.prod.ycinside.com/content/images/size/w1000/2024/04/Cruise-then-now-2.png 1000w, https://ghost.prod.ycinside.com/content/images/2024/04/Cruise-then-now-2.png 1537w\" sizes=\"(min-width: 720px) 720px\"></figure><p><strong><strong>Cruise:</strong></strong> When Cruise applied to YC in 2014, Kyle Vogt’s goal of making a self-driving car seemed impossible for a startup. It would take billions of dollars — more than any startup can raise — and Google was already way ahead.  By Demo Day, Cruise had a basic car able to drive itself down highways. In 2016, Cruise was acquired by GM for around $1B.  GM then did in fact invest billions of dollars into the project, and Kyle brought it all the way to the streets of San Francisco.  After knowing the full history, getting to ride to work in a Cruise car was a surreal experience.</p><figure class=\"kg-card kg-image-card\"><img src=https://www.ycombinator.com/"https://ghost.prod.ycinside.com/content/images/2024/04/astranis-then-now.png/" class=\"kg-image\" alt loading=\"lazy\" width=\"1537\" height=\"464\" srcset=\"https://ghost.prod.ycinside.com/content/images/size/w600/2024/04/astranis-then-now.png 600w, https://ghost.prod.ycinside.com/content/images/size/w1000/2024/04/astranis-then-now.png 1000w, https://ghost.prod.ycinside.com/content/images/2024/04/astranis-then-now.png 1537w\" sizes=\"(min-width: 720px) 720px\"></figure><p><strong>Astranis: </strong>Building smaller, cheaper telecommunications satellites. They set out to build a functional prototype in time for Demo Day W16 — they pulled it off. By 2018, they had prototypes in space. Now they’ve got a massive satellite-building factory right across the street from YC’s SF HQ, and have multiple satellites in orbit.</p><figure class=\"kg-card kg-image-card\"><img src=https://www.ycombinator.com/"https://ghost.prod.ycinside.com/content/images/2024/04/remora-then-now-1.png/" class=\"kg-image\" alt loading=\"lazy\" width=\"1537\" height=\"464\" srcset=\"https://ghost.prod.ycinside.com/content/images/size/w600/2024/04/remora-then-now-1.png 600w, https://ghost.prod.ycinside.com/content/images/size/w1000/2024/04/remora-then-now-1.png 1000w, https://ghost.prod.ycinside.com/content/images/2024/04/remora-then-now-1.png 1537w\" sizes=\"(min-width: 720px) 720px\"></figure><p><strong><strong>Remora: </strong></strong>Retrofitting semi-trucks to capture the CO2 emissions that would otherwise be released into the atmosphere. One of our favorite stories about this one: the founders met after one of them came across the other’s PhD dissertation (“Mobile carbon capture from heavy-duty vehicles”) and convinced them to start a company.</p><figure class=\"kg-card kg-image-card\"><img src=https://www.ycombinator.com/"https://ghost.prod.ycinside.com/content/images/2024/04/Seabound-then-now-1.png/" class=\"kg-image\" alt loading=\"lazy\" width=\"1537\" height=\"464\" srcset=\"https://ghost.prod.ycinside.com/content/images/size/w600/2024/04/Seabound-then-now-1.png 600w, https://ghost.prod.ycinside.com/content/images/size/w1000/2024/04/Seabound-then-now-1.png 1000w, https://ghost.prod.ycinside.com/content/images/2024/04/Seabound-then-now-1.png 1537w\" sizes=\"(min-width: 720px) 720px\"></figure><p><strong><strong>Seabound: </strong></strong>Also capturing carbon emissions, but for cargo ships. During the batch they were able to get ship owners — many of whom are facing increasingly strict emissions regulations — to sign key LOIs; shortly thereafter, they ran their first pilot program on an actual ship.</p><figure class=\"kg-card kg-image-card\"><img src=https://www.ycombinator.com/"https://ghost.prod.ycinside.com/content/images/2024/04/solugen-then-now-2.png/" class=\"kg-image\" alt loading=\"lazy\" width=\"1537\" height=\"464\" srcset=\"https://ghost.prod.ycinside.com/content/images/size/w600/2024/04/solugen-then-now-2.png 600w, https://ghost.prod.ycinside.com/content/images/size/w1000/2024/04/solugen-then-now-2.png 1000w, https://ghost.prod.ycinside.com/content/images/2024/04/solugen-then-now-2.png 1537w\" sizes=\"(min-width: 720px) 720px\"></figure><p><strong><strong>Solugen: </strong></strong>Producing chemicals like hydrogen peroxide with a new process that’s based on synthetic biology.  When they applied to YC, they’d managed to produce one small beaker of hydrogen peroxide just to prove they could. By Demo Day, they were making gallons in a garage. Now they produce it in industrial quantities from a full-scale plant in Houston.</p>","comment_id":"66180712eba13d0001fb30bd","feature_image":"/blog/content/images/2024/04/HT.jpg","featured":true,"visibility":"public","email_recipient_filter":"none","created_at":"2024-04-11T08:51:46.000-07:00","updated_at":"2024-04-11T10:16:18.000-07:00","published_at":"2024-04-11T10:16:18.000-07:00","custom_excerpt":"Most people know YC for funding software companies. But some of our most successful companies are the ones doing incredible things in the real world — the hard tech companies. ","codeinjection_head":null,"codeinjection_foot":null,"custom_template":null,"canonical_url":null,"authors":[{"id":"61fe29e3c7139e0001a71097","name":"Jared Friedman","slug":"jared-friedman","profile_image":"/blog/content/images/2022/02/Jared.jpg","cover_image":null,"bio":"Jared is Managing Director, Software and Group Partner at YC. He was cofounder of Scribd, which was funded by Y Combinator in 2006 and grew to be one of the top 100 sites on the web.","website":null,"location":null,"facebook":null,"twitter":null,"meta_title":null,"meta_description":null,"url":"https://ghost.prod.ycinside.com/author/jared-friedman/"}],"tags":[{"id":"61fe29efc7139e0001a71172","name":"Video","slug":"video","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/tag/video/"}],"primary_author":{"id":"61fe29e3c7139e0001a71097","name":"Jared Friedman","slug":"jared-friedman","profile_image":"https://ghost.prod.ycinside.com/content/images/2022/02/Jared.jpg","cover_image":null,"bio":"Jared is Managing Director, Software and Group Partner at YC. He was cofounder of Scribd, which was funded by Y Combinator in 2006 and grew to be one of the top 100 sites on the web.","website":null,"location":null,"facebook":null,"twitter":null,"meta_title":null,"meta_description":null,"url":"https://ghost.prod.ycinside.com/author/jared-friedman/"},"primary_tag":{"id":"61fe29efc7139e0001a71172","name":"Video","slug":"video","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/tag/video/"},"url":"https://ghost.prod.ycinside.com/hard-tech-companies-then-and-now/","excerpt":"Last month, Boom became the first independent company to develop a supersonic jet.  Here’s Boom’s XB-1 jet taking its maiden flight:","reading_time":3,"access":true,"og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"email_subject":null,"frontmatter":null,"feature_image_alt":null,"feature_image_caption":null},{"id":"66058a6beba13d0001fb3036","uuid":"b516094a-b5d9-43ad-8b5b-0e7501d2e608","title":"Building AI Models is faster and cheaper than you probably think","slug":"building-ai-models","html":"<p>If you read articles about companies like OpenAI and Anthropic training foundation models, the press tends to focus on the huge amount of money and computation involved. It would be natural to assume that if you don’t have a billion dollars or the resources of a large company, you can’t build AI models of your own.</p><p>At YC, we’re seeing the opposite, and we wanted to highlight 25 examples of YC companies training their own foundation models or fine-tuning them. By combining the founders’ relentless resourcefulness with what YC brings ($500k funding, $1m+ in cloud credits and dedicated GPUs), many of these companies trained a model, shipped it to production, and got paying customers, <strong>all during the 3 months of the YC batch. </strong></p><p>These 25 YC companies have built AI models that do things that just a couple of years ago would have been impossible. These companies have built models that generate professional-quality music, design novel proteins, <em>accurately</em> predict the weather, and let robots navigate the world.</p><p>To move this quickly, these companies figured out smart technical tricks that reduce computation with creative model architectures or use less data by applying industry specific insights. </p><p>We talk about many of these companies and the feats they’ve achieved in the most recent episode of <a href=https://www.ycombinator.com/"https://www.ycombinator.com/library/carousel/Lightcone Podcast/">the Lightcone podcast</a>:</p><figure class=\"kg-card kg-embed-card\"><iframe width=\"200\" height=\"113\" src=https://www.ycombinator.com/"https://www.youtube.com/embed/fmI_OciHV_8?feature=oembed\%22 frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen title=\"Building AI Models Faster And Cheaper Than You Think\"></iframe></figure><p>We hope this list inspires more founders to realize that they have the ability to build their own models and advance the field of artificial intelligence in new directions.</p><p><a href=https://www.ycombinator.com/"http://atmo.ai/">Atmo: </strong>AI-powered meteorology for countries, militaries, and enterprises, promising weather predictions that are considerably more accurate yet cheaper to produce than the existing state of the art. </p><p><strong><a href=https://www.ycombinator.com/"https://canofsoup.com//">Can of Soup</strong></a>: </strong>Can of Soup is an app where you can use AI to create photos of you and your friends in imaginary situations. They built and launched the first model that can do this during the YC batch.</p><p><a href=https://www.ycombinator.com/"https://deepgram.com//">Deepgram: </strong>APIs for ultra-fast speech-to-text transcription and natural sounding text-to-speech. </p><p><a href=https://www.ycombinator.com/"https://www.diffuse.bio//">Diffuse Bio</strong></a><strong>: </strong>Building foundation models in biology that design new proteins for vaccines and therapeutics. </p><p><a href=https://www.ycombinator.com/"https://draftaid.io//">Draftaid: </strong>AI to help engineers and designers create CAD drawings, turning 3D models into the highly detailed fabrication drawings that manufacturers expect.</p><p><a href=https://www.ycombinator.com/"https://www.edgetrace.ai//">Edgetrace: </strong>Takes a huge video dataset and allows you to search through it in plain English. Example: digging through hours of traffic footage to find when a specific car appears with just its description (e.g. “red prius with a golden wheel cap turning right”). One of the founders worked on AI at Cruise; the other built drones for mapping construction sites. </p><p><a href=https://www.ycombinator.com/"https://www.ezdubs.ai//">EzDubs: Dubs videos into different languages in real-time while preserving the speaker’s voice. </p><p><a href=https://www.ycombinator.com/"https://exa.ai//">Exa: </strong>A search engine/API for AI and AI developers. Searches for things by meaning rather than keywords, allowing developers to run queries like “a short article about the early days of Google” or “news about the latest advancements in AI” and integrate the results into the answers their products give. </p><p><a href=https://www.ycombinator.com/"https://www.guidelabs.ai//">Guide Labs</strong></a><strong>:</strong> Typically foundation models are black boxes that cannot describe how they arrive at answers. They solve this with foundation models that are interpretable that can explain the reasoning behind their output, and clarify which parts of the training data and the prompt influenced that output. The team previously worked at Google Brain and Meta Research and were key developers of <a href=https://www.ycombinator.com/"https://github.com/pytorch/captum/">Captum.

Infinity AI</strong></a><strong>:</strong> </strong>Working on a “script-to-movie” model: you tell it what the on-screen characters say and do and it’ll generate a video accordingly. Their first product creates “talking-head” style clips from a provided script. </p><p><a href=https://www.ycombinator.com/"https://kscale.dev//">K-Scale: Building the infrastructure for enabling robotics foundation models and ultimately solving the problem of real-world embodied intelligence.</p><p><a href=https://www.ycombinator.com/"https://www.linum.ai//">Linum: </strong>Building models and tools that allow you to make animated videos from prompts. </p><p><a href=https://www.ycombinator.com/"https://www.metalware.io//">Metalware: AI tools to help firmware engineers build faster, like a specialized copilot for low-level programming or a PDF Reader that can crunch through a pile of data sheets and answer questions way faster than manual searching. The co-founders helped build the firmware for Starlink’s antennas.</p><p><a href=https://www.ycombinator.com/"https://www.navier.ai//">Navier AI</strong></a>: A physics-ML solver that can simulate computational fluid dynamics in real time, an essential need for aerospace and automotive engineering.</p><p><a href=https://www.ycombinator.com/"https://osium.ai//">Osium AI</strong></a><strong>:</strong> Helps R&amp;D engineers design new materials faster, using AI to predict the physical properties of a material and speed up otherwise arduous microscopic image analysis.</p><p><a href=https://www.ycombinator.com/"https://www.phind.com//">Phind: </strong>A conversational search engine built for developers, with a VS Code extension to tie it into your existing codebase. Ask it a question and it can generate an answer using your code as context. Stuck on an error/warning? It can offer up code to fix it. </p><p><a href=https://www.ycombinator.com/"https://piramidal.ai//">Piramidal: </strong>A foundation model for understanding brain activity, trained on a “colossal and diverse corpus” of brainwave data. Their first product is a copilot for neurologists evaluating potential epilepsy diagnoses. They’ve been able to train a large model with lower computational costs by reducing the memory footprint by dividing sequential EEG data into chunks.</p><p><a href=https://www.ycombinator.com/"https://playground.com//">Playground: </strong>A powerful AI-based image editor. Create new images from prompts, merge real/synthetic images into new pieces, or modify existing images with just a few words (like “make it winter”, or “give the boy a cape.”) </p><p><a href=https://www.ycombinator.com/"https://play.ht//">PlayHT: </strong>Highly expressive, AI-generated voices for media and content creators. Can be trained on a new voice with about 10 minutes of sample recordings. You can <a href=https://www.ycombinator.com/"https://www.youtube.com/watch?v=aL_hmxTLHiM\%22>hear some samples here</a>.</p><p><a href=https://www.ycombinator.com/"https://sevn.ai//">SevnAI: </strong>Building foundation models for graphic design. Current diffusion models output images that are hard to edit. They are able to generate SVGs that users can easily edit with a model that has a custom architecture for spatial reasoning.</p><p><a href=https://www.ycombinator.com/"https://sonauto.ai//">Sonauto: </strong>AI music creation. Give it lyrics, describe your song (e.g. “pop track that features vibrant synthesizers and an upbeat tempo”), and hit “Generate” — out pops a brand new tune. <a href=https://www.ycombinator.com/"https://twitter.com/snowmaker/status/1770686247146500177/">Here’s a power metal track</a> about YC that Jared Friedman generated with Sonauto.</p><p><a href=https://www.ycombinator.com/"https://synclabs.so//">Sync Labs</strong></a><strong>: </strong>They’ve built a model that lets you re-sync the lips of someone in a video to match up with new audio — allowing you to change the spoken language of a video in a way that looks natural, for example. They’re working towards doing this in real time for uses like live lip-synced translation in video calls. </p><p><a href=https://www.ycombinator.com/"https://www.tavus.io//">Tavus: </strong>Record one video, have it automatically personalized for each and every one of your viewers — swapping in the viewer’s name, company, etc where appropriate. The company recently released a <a href=https://www.ycombinator.com/"https://twitter.com/heytavus/status/1767536432682594349/">public beta of a tool</a> that lets you create a “human-like replica” of yourself with 2 minutes of footage.</p><p><a href=https://www.ycombinator.com/"https://www.yonedalabs.com//">Yoneda Labs</strong></a><strong>:</strong> Helps chemists figure out the best temperature, concentration, and catalysts to optimize their chemical reactions. </p><p><a href=https://www.ycombinator.com/"https://www.yonduai.com//">Yondu: </strong>Building foundation models for robots to autonomously navigate the world.<br></p>","comment_id":"66058a6beba13d0001fb3036","feature_image":"/blog/content/images/2024/03/AI.jpg","featured":true,"visibility":"public","email_recipient_filter":"none","created_at":"2024-03-28T08:19:07.000-07:00","updated_at":"2024-03-28T10:07:00.000-07:00","published_at":"2024-03-28T10:06:52.000-07:00","custom_excerpt":"These 25 YC companies have built AI models that do things that just a couple of years ago would have been impossible.","codeinjection_head":null,"codeinjection_foot":null,"custom_template":null,"canonical_url":null,"authors":[{"id":"66058c2beba13d0001fb303b","name":"Diana Hu","slug":"diana","profile_image":"/blog/content/images/2024/03/diana.jpeg","cover_image":null,"bio":"Diana Hu is a Group Partner at YC. She was co-founder/CTO of Escher Reality (YC S17), an AR Backend company acquired by Niantic (makers of Pokémon Go). At Niantic, she was the head of the AR platform.","website":null,"location":null,"facebook":null,"twitter":null,"meta_title":null,"meta_description":null,"url":"https://ghost.prod.ycinside.com/author/diana/"}],"tags":[{"id":"61fe29efc7139e0001a71172","name":"Video","slug":"video","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/tag/video/"},{"id":"61fe29efc7139e0001a7118c","name":"AI","slug":"ai","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/tag/ai/"}],"primary_author":{"id":"66058c2beba13d0001fb303b","name":"Diana Hu","slug":"diana","profile_image":"https://ghost.prod.ycinside.com/content/images/2024/03/diana.jpeg","cover_image":null,"bio":"Diana Hu is a Group Partner at YC. She was co-founder/CTO of Escher Reality (YC S17), an AR Backend company acquired by Niantic (makers of Pokémon Go). At Niantic, she was the head of the AR platform.","website":null,"location":null,"facebook":null,"twitter":null,"meta_title":null,"meta_description":null,"url":"https://ghost.prod.ycinside.com/author/diana/"},"primary_tag":{"id":"61fe29efc7139e0001a71172","name":"Video","slug":"video","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/tag/video/"},"url":"https://ghost.prod.ycinside.com/building-ai-models/","excerpt":"If you read articles about companies like OpenAI and Anthropic training foundation models, the press tends to focus on the huge amount of money and computation involved. It would be natural to assume that if you don’t have a billion dollars or the resources of a large company, you can’t build AI models of your own.","reading_time":4,"access":true,"og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"email_subject":null,"frontmatter":null,"feature_image_alt":null,"feature_image_caption":null},{"id":"65e0b97fb27489000102ece4","uuid":"c3ace2c1-8f67-42c2-b95a-7c4c6c92be2a","title":"Building Confidence In Yourself and Your Ideas","slug":"when-to-pivot-and-when-to-stick-with-it","html":"<p>One trait that many of the best founders share is conviction. You can be great at programming, sales, and raising funds — but if you don’t truly believe in what you’re building, you’re probably not going to make it.</p><p>Too often we see founders who get blown off course the second they get negative feedback, or who want to pivot after a few cold emails don’t get them the response they were hoping for. If you keep changing directions at every step, you’re just going to get lost.</p><p>At the other extreme are founders who spend years trying to build the perfect product without making sure anyone actually wants it. How do you find the happy medium?</p><p>In this episode of <a href=https://www.ycombinator.com/"https://www.ycombinator.com/library/carousel/Dalton &amp; Michael/">Dalton &amp; Michael</a>, we’ll talk about finding the right speed, the dangers of inaccurate assumptions, and a question founders need to ask themselves before they start trying to sell to anyone else.</p><figure class=\"kg-card kg-embed-card\"><iframe width=\"200\" height=\"113\" src=https://www.ycombinator.com/"https://www.youtube.com/embed/al-15mMAS18?feature=oembed\%22 frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen title=\"Building Confidence In Yourself and Your Ideas\"></iframe></figure>","comment_id":"65e0b97fb27489000102ece4","feature_image":"/blog/content/images/2024/03/maxresdefault.jpg","featured":true,"visibility":"public","email_recipient_filter":"none","created_at":"2024-02-29T09:06:07.000-08:00","updated_at":"2024-03-01T09:01:19.000-08:00","published_at":"2024-02-29T15:00:00.000-08:00","custom_excerpt":"People are going to have feedback about your startup idea — how do you make sense of it all? ","codeinjection_head":null,"codeinjection_foot":null,"custom_template":null,"canonical_url":null,"authors":[{"id":"61fe29e3c7139e0001a71085","name":"Dalton Caldwell","slug":"dalton-caldwell","profile_image":"/blog/content/images/2022/02/Dalton.jpg","cover_image":null,"bio":"Dalton is Managing Director, Architect and Group Partner at YC. He was the cofounder and CEO of imeem (acquired by MySpace in 2009), and the cofounder and CEO of App.net.","website":null,"location":null,"facebook":null,"twitter":null,"meta_title":null,"meta_description":null,"url":"https://ghost.prod.ycinside.com/author/dalton-caldwell/"}],"tags":[{"id":"61fe29efc7139e0001a71172","name":"Video","slug":"video","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/tag/video/"}],"primary_author":{"id":"61fe29e3c7139e0001a71085","name":"Dalton Caldwell","slug":"dalton-caldwell","profile_image":"https://ghost.prod.ycinside.com/content/images/2022/02/Dalton.jpg","cover_image":null,"bio":"Dalton is Managing Director, Architect and Group Partner at YC. 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","reading_time":0,"access":true,"og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"email_subject":null,"frontmatter":null,"feature_image_alt":null,"feature_image_caption":null},{"id":"65b9523965f4090001462638","uuid":"88ba6273-58a7-49ce-ac25-eded6105a50b","title":"Backstory: How Tom Blomfield founded two billion-dollar companies","slug":"tom-blomfield-backstory","html":"<p>There aren’t a ton of people in the world who can say they founded a billion dollar company. There are far fewer that can say they did it<em> twice</em>.</p><p>YC Group Partner <a href=https://www.ycombinator.com/"https://www.ycombinator.com/blog/tom-blomfield-of-gocardless-and-monzo-is-our-newest-group-partner/">Tom Blomfield</a> is one of them.</p><p>Rarer yet is just how<em> real</em> Tom is about all of it. Listening to his stories from the early days of <a href=https://www.ycombinator.com/"https://www.ycombinator.com/companies/gocardless/">GoCardless and <a href=https://www.ycombinator.com/"https://www.ycombinator.com/companies/monzo-bank/">Monzo feels like riding a roller coaster — because that’s what building a company is. The highs are high, the lows are low, and the transitions between the two can be so sudden they leave you spinning.</p><p>Each episode of <a href=https://www.ycombinator.com/"https://www.ycombinator.com/blog/surbhi-sarna-backstory/">our series Backstory</a> will introduce you to one of YC’s Group Partners and the path they took to get here. 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Before that, he co-founded Posterous (YC S08) which was acquired by Twitter.","website":null,"location":null,"facebook":null,"twitter":"@garrytan","meta_title":null,"meta_description":null,"url":"https://ghost.prod.ycinside.com/author/garry/"}],"tags":[{"id":"61fe29efc7139e0001a71172","name":"Video","slug":"video","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/tag/video/"}],"primary_author":{"id":"61fe29e3c7139e0001a710d2","name":"Garry Tan","slug":"garry","profile_image":"https://ghost.prod.ycinside.com/content/images/2023/03/Instagram-Image-Template--Square---21-.png","cover_image":null,"bio":"Garry is the President & CEO of Y Combinator. Previously, he was the co-founder & Managing Partner of Initialized Capital. Before that, he co-founded Posterous (YC S08) which was acquired by Twitter.","website":null,"location":null,"facebook":null,"twitter":"@garrytan","meta_title":null,"meta_description":null,"url":"https://ghost.prod.ycinside.com/author/garry/"},"primary_tag":{"id":"61fe29efc7139e0001a71172","name":"Video","slug":"video","description":null,"feature_image":null,"visibility":"public","og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"codeinjection_head":null,"codeinjection_foot":null,"canonical_url":null,"accent_color":null,"url":"https://ghost.prod.ycinside.com/tag/video/"},"url":"https://ghost.prod.ycinside.com/tom-blomfield-backstory/","excerpt":"There aren’t a ton of people in the world who can say they founded a billion dollar company. There are far fewer that can say they did it twice.","reading_time":1,"access":true,"og_image":null,"og_title":null,"og_description":null,"twitter_image":null,"twitter_title":null,"twitter_description":null,"meta_title":null,"meta_description":null,"email_subject":null,"frontmatter":null,"feature_image_alt":"YC Group Partner Tom Blomfield under the text \"BUILDING A BANK: Tom Blomfield's Backstory\"","feature_image_caption":null},{"id":"65a03520f55b5d0001807992","uuid":"577dc3de-cc43-45df-8672-067d1623b9eb","title":"Why do investors say you need a business co-founder?","slug":"why-do-investors-say-you-need-a-business-co-founder","html":"<p>Whether or not you need a co-founder is always a hotly debated topic — but going one level deeper, founders often wonder what <em>kind</em> of co-founder they need.</p><p>In a prior video Michael and I explained <a href=https://www.ycombinator.com/"https://www.ycombinator.com/library/KO-does-your-tech-startup-really-need-a-technical-co-founder-yes/">why <strong>every</strong> software company should have a technical co-founder</a>. But it’s also common for technical founders to be told by investors and advisors that they would benefit from a co-founder with non-technical expertise in things like business or marketing. </p><p>Are they correct? In this episode of <a href=https://www.ycombinator.com/"https://www.ycombinator.com/library/carousel/Dalton &amp; Michael/">Dalton &amp; Michael</a> we dive into exactly that question.</p><figure class=\"kg-card kg-embed-card\"><iframe width=\"200\" height=\"113\" src=https://www.ycombinator.com/"https://www.youtube.com/embed/43RhhwpiSk0?feature=oembed\%22 frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen title=\"Do Technical Founders Need Business Co-Founders?\"></iframe></figure>","comment_id":"65a03520f55b5d0001807992","feature_image":"/blog/content/images/2024/01/business-co-founder.jpeg","featured":true,"visibility":"public","email_recipient_filter":"none","created_at":"2024-01-11T10:36:16.000-08:00","updated_at":"2024-01-11T11:44:29.000-08:00","published_at":"2024-01-11T11:35:00.000-08:00","custom_excerpt":"Every software company needs a technical co-founder. But what kind of co-founder does the technical founder need?","codeinjection_head":null,"codeinjection_foot":null,"custom_template":null,"canonical_url":null,"authors":[{"id":"61fe29e3c7139e0001a71085","name":"Dalton Caldwell","slug":"dalton-caldwell","profile_image":"/blog/content/images/2022/02/Dalton.jpg","cover_image":null,"bio":"Dalton is Managing Director, Architect and Group Partner at YC. 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This can train us to optimize for pointing out all of the problems with things in the world in hopes of being rewarded for it. </p><p>But this type of worldview doesn’t help founders building startups. The problems with any new startup are usually obvious and numerous, but you have to balance that with seeing the upside of making it work.</p><p>In this episode of <a href=https://www.ycombinator.com/"https://www.ycombinator.com/library/carousel/Dalton &amp; Michael/">Dalton and Michael</a>, we’ll discuss the best ways for founders and aspiring founders to think about weighing optimism and pessimism in their day-to-day lives.</p><figure class=\"kg-card kg-embed-card\"><iframe width=\"200\" height=\"113\" src=https://www.ycombinator.com/"https://www.youtube.com/embed/vhXdUXmmhb4?feature=oembed\%22 frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen title=\"Should You Be Optimistic About The Future of Technology?\"></iframe></figure>","comment_id":"65847f23a621cc000159bd1e","feature_image":"/blog/content/images/2023/12/dm-optimism-thumb.jpg","featured":true,"visibility":"public","email_recipient_filter":"none","created_at":"2023-12-21T10:08:35.000-08:00","updated_at":"2023-12-21T10:31:16.000-08:00","published_at":"2023-12-21T10:31:16.000-08:00","custom_excerpt":"Dalton & Michael on the best ways for founders to think about weighing optimism and pessimism in their day-to-day lives.","codeinjection_head":null,"codeinjection_foot":null,"custom_template":null,"canonical_url":null,"authors":[{"id":"61fe29e3c7139e0001a71085","name":"Dalton Caldwell","slug":"dalton-caldwell","profile_image":"/blog/content/images/2022/02/Dalton.jpg","cover_image":null,"bio":"Dalton is Managing Director, Architect and Group Partner at YC. 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Recent Posts (Video)

All Posts

Stop innovating on the wrong things

by Dalton Caldwell2/15/2024

In this episode of Dalton & Michael we’ll discuss the downsides of trying to “innovate” on certain things and why that can make it LESS likely a company succeeds.

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In this episode of Dalton & Michael, we’ll explain why the "Bootstrap or raise Venture Capital?" debate is a much simpler one than many make it out to be.

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by Garry Tan1/30/2024

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by Dalton Caldwell1/11/2024

Every software company needs a technical co-founder. But what kind of co-founder does the technical founder need?

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by Dalton Caldwell12/21/2023

Dalton & Michael on the best ways for founders to think about weighing optimism and pessimism in their day-to-day lives.

Why you really DO need a technical co-founder

by Dalton Caldwell11/30/2023

Based on the thousands of companies YC has funded over the years, companies lacking a technical co-founder underperform. In this episode of Dalton + Michael, we’ll discuss exactly why that is.

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by Dalton Caldwell11/1/2023

The stories are true: technical founders (and early technical employees!) often end up with the short end of the stick when starting a company. In this episode of Dalton & Michael, we'll discuss how to keep that from happening to you.