yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Request for Startups: Government 2.0 - Michael Seibel


less than 1m read
·Nov 3, 2024

Processing might take a few minutes. Refresh later.

Hello, my name is Michael Seibel and I'm the CEO of Y Combinator's accelerator. Today, I'm here to introduce a new request for startups.

Request for startups are a project that we do to inspire founders to apply to YC with new and interesting ideas. Today's request for startups is Government 2.0. Specifically, we're looking for startups that are helping address problems in society that you would expect government to solve, but they clearly are not.

Why it's important for us to publish this RFS is because I think a lot of people believe that Silicon Valley is actually not interested in making the world a better place. What we've learned through experience is that investors here are actually ridiculously excited to support founders who have a larger social mission.

To be clear, you have to be building a real business. It has to actually be a for-profit business because we invest in tech companies. You should be leveraging software in an important way. We have many examples of this in the past that have come through YC, including startups that help give people access to food stamps, that help keep people access to health care, that help with mass incarceration, and many more.

If your sole goal is not to get richer, to build a big company, but to actually make the world a better place or your community a better place, we are interested in funding you. Thank you very much.

More Articles

View All
Why do billionaires buy used private jets?
Really super rich, why would you buy a pre-owned aircraft? You could say the same thing about somebody who’s not so rich but fairly well-to-do, and they buy a used car. Sometimes you want immediate satisfaction, and if you want immediate satisfaction, you…
Cathie Wood: The Top ‘Wealth Destroyer’ of the Decade
So, I love looking into the world’s best investors, right? It’s kind of my thing here on the channel. But one of the most requested videos I get is to take a look into Kathy Wood and Arc Invest. This is a really interesting case because Kathy Wood was onc…
Woman Struck by Meteorite | Smarter Every Day 84
Hey, it’s me, Destin. Welcome back to Smarter Every Day! So, you probably didn’t know that Alabama has its own Museum of Natural History. We also have the only meteorite to ever strike a human being. You want to check it out? It’s known as the Hodes meteo…
Howard Marks: 78 Years of Investing Wisdom in 60 Minutes (MUST WATCH)
How do you make money as an investor? The people who don’t know think the way you do it is by buying good assets, a good building, stock in a good company, or something like that. That is not the secret for success. The secret for success in investing is …
Labeling voltages
In this video, I want to do a demonstration of the process of labeling voltages on a circuit that we’re about to analyze. This is something that sometimes causes stress or confusion, and I want to just basically try to get out of that stressful situation.…
NERD WARS: Altair & Ezio Vs. Daredevil
It was Jeff Ryman. This is Anna McLaughlin. We’re coming at you with another Nerd Wars. This one: Altair versus Daredevil. Oh my god, I am going to win so easy, as always! I will be taking the superhero Daredevil, and I’m gonna get gas. And I’m gonna be t…