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Philip Johnston
@PhilipJohnston
Co-Founder & CEO of @Starcloud_ | Co-Founder & CEO of @FermiExplorer
Joined March 2009
1.1K Following    30.8K Followers
Exactly 2 years ago, @Starcloud_ finished @YCombinator S24. That day, @DaltonC Caldwell gave a speech which could be summed up as “Just don’t die”. The speech was the most memorable one of the batch for me and one stat in particular stood out, which makes today significant for me: Companies from years before, that didn’t die for 2 years out from YC had a 30% chance of being worth $100m or more today (which sounded like a lot to me then!) I remember thinking: I’m just going to focus on making sure we’re not dead in 2 years. I’ve now seen many companies in our batch die, almost all of which from self inflicted wounds. Each time before the death I remember thinking: Man, you just have to not die for 2 years, hang in there 😣 I’ve added a few obnoxiously obvious yet still profound slides from that day (I hope you don’t mind Dalton!)
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