Garry Tan (Y Combinator) - Unconventional Advice for Founders

Entrepreneurial Thought Leaders (ETL)

Stanford eCorner

Journey, Startups, Education, Stanford, Culture, Strategy, Stanford University, Entrepreneurship, Business, Life Lessons, Thought Leadership, Creativity, Etl, Challenges, Leadership, Innovation, Founders

4.4 • 739 Ratings

🗓️ 18 October 2023

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

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Summary

Garry Tan is president and CEO of Y Combinator, which funds hundreds of companies per year through a web-based application. Tan is also the co-founder, board partner and advisor of Initialized Capital, an early stage venture capital fund, and co-founded Posterous, a blog platform acquired by Twitter. In this presentation, Tan shares advice and insights for aspiring entrepreneurs and startup founders that challenges prevailing wisdom.

Transcript

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0:00.0	This is the Entrepreneurial Thought Leader series.
0:04.0	Brought to you by Stanford Ecor.
0:07.0	Welcome everybody to E.TL, a Stanford seminar for aspiring entrepreneurs.
0:13.0	E.TL is brought to you by basis, the Business Association of Stanford Entrepreneurial Students,
0:18.0	and STVP, the Stanford School of Engineering Entrepreneurship Center.
0:22.6	I'm Ravi Balani, a lecturer in the Management Science and Engineering Department at Stanford,
0:26.6	and the director of Alchemists and Accelerator for Enterprise Startups.
0:29.6	Today, we are thrilled to welcome Gary Tan to ETL.
0:33.6	Gary is one of our own, having graduated from Stanford in 2003 with a bachelor's degree in computer systems engineering.
0:40.3	Fast forward 20 years, and Gary is now the CEO of Y Combinator, which funds hundreds of companies per year via a web-based application.
0:50.3	But few initiatives have shaped so significantly the startup ecosystem as Y Combinator,
0:56.0	having created startups that are now valued at more than $600 billion in value globally.
1:02.0	Before becoming CEO, Gary was a partner at Y Combinator from 2011 to 2015,
1:08.0	where he built key parts of the YC experience for founders, including Bookface and
1:13.5	the Demo Day website.
1:15.4	He's also the co-founder, board partner, and advisor of initialized capital, an early-stage venture
1:21.7	capital fund, and co-founded Posterous, a blog platform that was acquired by Twitter.
1:27.6	Prior to that, he was an early designer and engineering manager at Palantir, where among other
1:32.2	things he designed Palantir's logo.
1:35.9	Gary is on, he's got lists of lists that are too much to mention.
1:40.4	How many people know of Gary even before today?
1:43.0	Okay, so I feel like for many of you, he needs no introduction, but Gary was also among, he was on
	...

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