How to Start a Hard Tech Startup with Sam Altman @ MIT

Sam Altman, President of Y Combinator, gives a talk at MIT on how to start a hard tech startup.

Hear stories and get advice on developing the idea, forming a team, raising money from investors and more.

[princenmai]

Here are the main points from Sam Altman's talk:
- Do as little differently as possible and find a small initial project that can be done in a short time frame
- Cost and cycle time are the two most important factors for software companies to dominate
- Momentum is key and startups need to get close to their customers and ship code every day or several times a day
- Avoid short-term thinking, negative people, and raising too much money
- Get hands-on practical experience rather than going to business school
- Focus on building a 10 billion dollar company rather than worrying about competitors
- Spend about a thousand dollars to file a patent
- Best locations for a healthy or biotech startup are Boston or Silicon Valley
- For non-technical founders looking for technical co-founders, the best way is to go to school together or work together
- Diversity hiring is important and should be prioritized, even if it slows down growth

[MrPorkistan]

they used lemons as power source for camera..

[DrTune]

Video quality irrelevant (do something else while listening like I am). Audio quality good enough. Content quality is excellent

[conformist]

I don't know if I it's because of Google for bad stream quality or MIT for filming with a potato.
Maybe both, who knows.

[emka]

lol... MIT 2016 - this is the worst Recording of a Tech-Speaker i've seen in a very long time... Good Job O_o

[idiomaxiom]

There were over 150 private space launch companies when SpaceX started. They've come and gone with fortunes lost for 50 years. SpaceX got a boost from a change in NASA appropriations law and that made the difference for them.

[HimanshuRagtah]

heads up: Sam literally did the opposite of the advice he shared in this video in case of OpenAI, but note he could because of his ability to raise and get the most talented people onboard.

[khaino]

The video and audio quality should be better...

[RadicalNuance]

“MIT sound/video Quality huh...mmm.. you don’t say”

[rob-liu]

Lol what, but then you did the exact opposite with OpenAI?

[dyyyeeezzz]

Talking about hard tech, the camera and microphone recording sucks. Don't do hardware like this.

[Aj-tugv]

Use the 3rd eye, and genies, and intelligence service