{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/8cf4cec7-5a0f-49c5-8ec9-36941b5c6b6e/72e7260f-e54f-4ee5-8496-f80e247ba03d?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Y Combinator's Michael Seibel: \"Stupidity or genius\"","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/61ba0b311a8cbef1d93cf121/61ba0b4a40076a0012722e05.jpg?height=200","description":"<p>The Sunday Times’ tech correspondent brings on Michael Seibel, chief executive of Y Combinator, the storied Silicon Valley startup bootcamp, to talk about why chaotic markets are good for startups (3:50), how he ended up at YC (6:20), the importance of clarity (7:50), why it’s both easier and harder than ever to launch a company (9:10), the power of the big guys (11:35), the need for regulation (13:45), what has changed since he arrived to Silicon Valley in 2006 (18:05), why bigger is better for YC’s model (20:30), peak accelerator (24:05), getting pitched his own idea (26:10), tackling the diversity challenge (27:30), tech’s number one problem (30:10), how startups are like the NBA (34:30), stupidity vs genius (37:00), how Facebook and Google are cautionary tales (39:30), competing against Big Tech’s money (42:45), artificial intelligence (46:40), and whether scooters are overhyped (49:20)</p>","author_name":"The Sunday Times"}