"I cannot wait for the day where my daughter and son say like oh 45 minutes to Tokyo that's so slow I can't wait hello this is Dalton post Michael"

"and today we're going to talk about why are we optimistic about the future so to be clear at YC we fund a lot of startups and even though we try to do a very good job most startups fail yeah if you lo..."

"at the numbers we know a lot more about failing and failed startups yes than successful ones by in order magnitude yeah yeah that's just how the numbers work right and so we see failed startups every ..."

"takes a long time to make money and a lot of startups are dying all around us every day why are we optimistic I I think it's this I think if you zoom all the way back all the way out it's weird to tal..."

"availability of information I remember in the mid 90s getting the CD ROM called incarta yep and I remember my uncle who's 20 years older than me being like Oh my God the encyclopedi is in your house v..."

"all right next Communications uh I don't know about you but we started with one phone line in the house yep and that's it that was communication again people like well but it was must been so great th..."

"Uber ride sharing travel crazy Maps do you remember printing out Map Quest dude do you remember just having to buy Maps physical maps to drive around a city and your dad would have a bunch of maps in ..."

"gotten better healthare I mean people are living longer they're living Better Lives yes standard of care infant mortality yes life expectancy around the world people making more money being raised out..."

"entertainment yeah I mean think about there's like an infinite supply of things to look at all day infinite infinite any movie you want to see any television show ever created any book ever created if..."

"there okay so we're we sound like Boomers here but the point theas reason to enumerate this stuff is that in the moment when all this stuff was happening it wasn't immediately obvious that the world w..."

"remember when starlink was like an idea yeah and it was kind of a funny Idea Internet access anywhere going to satellites and it was like theoretically it's possible but it was I just remember it bein..."

"example I remember getting into a cruise car with Kyle driving down 101 and he said to me uhoh there's a shadow in the road uh let's see how we handle this and I'm like I oh this is an MVP Shadows a h..."

"mean another one's renewable energy I I had a friend who was working on a startup and he said something to me that I thought was a lie he was like oh yeah based on like where you live in America you c..."

"me the one that's like we're probably a little bit more off the cusp on but like when this happens I'm going to be so pissed right everyone talks about rockets and going to space the whole like when R..."

"what this makes me think of I don't have this graph handy so I hope I'm not misquoting but I remember the graph being references of the cost per pound to put something in space and it looks like Moors..."

"all of this stuff's great why are people so pessimistic well I think it's hard to have perspective man yes I think when you're really caught up in the moment everything gets polarized into political s..."

"so I'll say this right in reflection uh you know we both have young kids and I am super excited that my kids get to grow up now I I I cannot wait for the day where my daughter and son say like oh 45 m..."

"one of those people like you can choose to not be one of those people all right great chat great [Music] thanks"