Sometimes ignorance is sort of bliss and you just discover new things. We decided to fund a whole bunch at once, and then the plan was to go to asynchronous investing like normal investors, but we realized that there was something magical about this batch thing.
Jessica Livingston
Co-founder, Y Combinator
4 quotes across 1 episode
The social radar: Y Combinator's secret weapon
He hated their idea, and Paul tried to get Brian and Joe and Nate to change it. But I remember specifically Joe brought out the cereal boxes, the Obama O's and Cap'n McCain's, and I just thought, oh my God, they're going to work hard to do whatever they can to make this company succeed.
You sort of need that desperation. You have to burn the boat. We found that founders who were still getting a paycheck and health insurance, once the going got tough, they did not quit their job.
Sometimes ignorance is sort of bliss and you just discover new things. We decided to fund a whole bunch at once, and then the plan was to go to asynchronous investing like normal investors, but we realized that there was something magical about this batch thing.