Published On: Sun, Aug 23rd, 2015

Sam Altman explain Y Combinator’s success

Sam Altman


Twenty-four-year-old Brian Liou was a little nervous. But he had to focus. His turn was next. Liou is the cofounder of Leada, a startup to help businesses train better data analysts, and he had a lot riding on this. After all, his company had just pivoted two weeks ago. So, no pressure.
Over the past three months, Liou, along with his fellow founders from the 2015 summer batch of 104 companies, had been preparing for this fateful day: Demo Day. The Day.

This was perhaps the single most important day these startups would have during their time together. This was when each founder needed to present their product in front of hundreds of venture capitalists who were eager to find the “next big thing, ” and impress upon them why their idea is important for the world.

Each founder had just two minutes to show the results of their team’s late nights slaving away in front of the computer to get that app working, making sure that the hardware and software did what it was supposed to do…

Welcome to Y Combinator’s Demo Day, and the program that’s become a major part of the Silicon Valley tech ecosystem.


Read the full story at VB by Ken Yeung

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