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
How to Analyze an Income Statement Like a Hedge Fund Analyst
Being able to understand and analyze a company’s income statement is one of the most foundational pieces of being a great investor. If you want to invest successfully, this is one of the most important skills in helping you make money by investing. In thi…
Incentives for DROs not to go 'rogue'
There are two dispute resolution organizations or Dr. Alto and Tenna. Tenna and Alto have both been in business for a while. They’re both well-respected firms. Both have similar amounts of capital and similarly sized customer bases. They have mutual agree…
"COLLEGE WON'T Make You Successful, DO THESE 3 THINGS INSTEAD!" | Kevin O'Leary
Every time I’ve lost dough, and I’ve lost plenty, luckily I’ve had more successes than failures, is when I didn’t listen to my gut, which is my experience. You think that you’ve come here and you’ve got an MBA and you’re going to go out in the world and y…
15 Cryptocurrencies We Invested In (Alux.com Portfolio Reveal)
Hello Elixers! This video was a long time in the making. We began our crypto journey in 2016, before the first bull run, so we’ve been around long enough to see the markets change and slowly mature to the point we see them at today. We believe crypto is a…
Series resistors | Circuit analysis | Electrical engineering | Khan Academy
Now that we have our collection of components, our favorite batteries and resistors, we can start to assemble these into some circuits. Here’s a circuit shown here; it has a battery and it has three resistors in a configuration that’s called a series resi…
I can't keep doing this to myself
Guys, I’m making this video out of necessity. There’s a large part of me—it’s been the prevailing part of me as of late—that makes me not want to make this video because it’s unfiltered, because it’s not ready. What I want to say isn’t totally polished. I…