What makes truly great leaders, the compression of seed and the future of YC

- conviction around ideas that are right, but not consensus. Rebel thinking.

- update your mental model with data.

- conversations around what's working, not working.

- one thing about a founder to decide to invest: shadow a founder for a day. Real life better demonstrates true nature of people vs meetings/stories/emails/interviews.

- always think about what can go wrong with your product, strategy, competitive landscape. Extreme alertness.

- if you have a good product, you can fix sales, customer success, marketing, etc. If you have a bad product, even doing everything else write doesn't help.

- Concerned about excess capital in seed markets. Bad companies shouldn't be raising money. Bad for the ecosystem as a whole.