Geoff Ralston is President of Y Combinator. We had a terrific discussion on what we each are seeing in the startup ecosystem. Sramana Mitra: Geoff has been involved with Y Combinator right from the beginning. Why don’t we take a look back on the evolution of Silicon Valley and Y Combinator.
Geoff Ralston is President of Y Combinator. We had a terrific discussion on what we each are seeing in the startup ecosystem.
Sramana Mitra: How did they find out about you? Eric Frenkiel: We were introduced to investor networks. There were investors who knew the startup needed a really strong database product. They put us in touch. We gave them a demo and they knew that was going to help them develop fast. That was our first
Sramana Mitra: What is the rationale behind relational database at this point? Eric Frenkiel: That’s a great question. In fact, it’s one of the first questions our investors asked us, “Why are you building a relational database? The entire world is going to NoSQL.” We had a very contrarian view at that time, which was that
Sramana Mitra: How long did you stay at Facebook? Eric Frenkiel: Not very long, it was for 10 months in total. It was an amazing opportunity. We ultimately left Facebook because we had a bigger opportunity that we wanted to build. That was MemSQL. We joined in 2010 and left in early 2011. That was a
As the U.S. economy continues to hiccup, large-scale entrepreneurship is a badly needed remedy. In transitioning hundreds of thousands of people to self-employment and job creation through entrepreneurship, incubators look like an extremely helpful tool. But we need to produce more of the most effective incubators.
By guest author Irina Patterson and Mridula Velagapudi I am talking to Paul Bragiel, managing partner of i/o Ventures, which is a three-month accelerator program for technology entrepreneurs in Silicon Valley. The partners of i/o Ventures come from companies like MySpace and BitTorrent, and their mentors are from Yelp, Digg, Mint, Mochi Media, and OpenDNS.
By guest authors Irina Patterson and Candice Arnold Irina: What are your mentors’ relationships with the companies? Is there compensation involved? David: No. No compensation. Many of them will go on to be investors or advisors long term. That’s the natural outcome. At the start of the program, the mentors work for free. The reason