Founder of Y Combinator: entrepreneurs should have four qualities

U.S. technology incubator Y Combinator founder Paul Graham June 25 Morning News, the U.S. science and technology incubator Y Combinator founder Paul Graham (Paul Graham), said at the TechCrunch Disrupt conference,　　His choice of investment goals will focus on the four qualities of entrepreneurship: determination, flexibility, imagination and cynicism. Graham says he wants entrepreneurs to be talented and have other features. "There are many wise men who have accomplished nothing.　　"he said. He hoped that the founders of the company would have firm determination. "Some people are obsessed with what they want," says Graham. "They're not going to be negative, they won't lose direction." "But he admits it's hard to determine in 10 minutes whether the other person has the determination, however, the enterprise that submits the hatching application to Y Combinator usually has only such a long interview time." "10 minutes is hard to tell whether a person is determined. We are often deceived.　　"he said. When it comes to flexibility, Mr Graham says he will ask whether entrepreneurs will consider different but relevant ideas. If the other person refuses, that is a bad signal. Imagination is similar to flexibility. "We'll say, ' Have you ever tried this, or thought about that? '" "Sometimes, the other person is not only able to understand our intentions, but also to take it further," Graham said. He also admired "cynical" entrepreneurs. "Startups often need to do things that are not sure," he said. "You don't want to be a submissive employee." You want these people to understand and be willing to do something challenging. "Graham talked about Loopt founder Sham Ottmann (Altman), who applied for Y Combinator when he was a sophomore. Graham rejected him and mistook him for a freshman, so he had to come back later. But Altman has not stopped. He said, ' I'm a sophomore, I'm coming.　　' said Graham, recalling. Y Combinator has shaken the entire venture industry, not only because of the incubator it operates, but also because the companies they hatch have recently received 150,000 of dollars in investment from the start Milner of SV Angel and Milner (Yuri Fund).