20VC: Behind the Scenes at Y Combinator: The Interview Process | What the Best & Worst Do in the Program | Do the Best All Raise Pre-Demo Day & YC's Fundraising Advice to Startups | Why the Value is in Application Layer AI with Tom Blomfield | The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch | Podwise
20VC: Behind the Scenes at Y Combinator: The Interview Process | What the Best & Worst Do in the Program | Do the Best All Raise Pre-Demo Day & YC's Fundraising Advice to Startups | Why the Value is in Application Layer AI with Tom Blomfield
This podcast episode explores the speaker's journey as a founder and investor, highlighting the highs and lows of their experiences. It emphasizes the importance of perseverance, the challenges of fundraising, and the lessons learned in building a successful startup. The episode also delves into the cultural differences between the US and UK/Europe in terms of ambition and optimism. The speaker shares insights on angel investing and the value of picking high-quality founders over ideas. The discussion further covers the Y Combinator batch process, including the mistakes made by founders and the importance of personal connections. Additionally, the episode explores the impact of AI on every industry and the challenges faced by AI service providers in terms of distribution. It also touches on the personal and professional challenges faced in the startup world, along with the speaker's reflections on success and the drive to create something impactful.