How many startups has Y Combinator funded?
— Y Combinator has funded over 1,800 startups.
What is the key to Y Combinator's success?
— Y Combinator's success is attributed to giving small amounts of money to large numbers of earlier stage startups, providing help, and prioritizing emotional support for founders.
What qualities does Y Combinator look for in applicants?
— Y Combinator looks for qualities such as earnestness, determination, flexibility, and good relationships between co-founders in their applicants.
How did Y Combinator differ from other investment firms?
— Y Combinator differed from other investment firms by focusing on helping founders emotionally and being driven by more than just money, allowing them to take more risks and support failing startups.
What advice does the speaker give for succeeding in a startup?
— The speaker advises starting small, being open to change, not focusing on credentials, prioritizing user satisfaction, and having the boldness to pursue unconventional ideas in order to succeed in a startup.
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