"you actually can make some significant progress with like half a million dollars in 3 months the best hardtech Founders do have very high Clarity of vision around the future for hardtech companies you..."

"here is that actually YC works extremely well for hearttech companies and that for every hearttech company no matter how crazy the thing you're working on whether it's a supersonic jet or inventing fu..."

"then they go do that and then they have it's not just an idea anymore they've got something real and they can go to investors who maybe didn't want to fund them before YC and now all of a sudden like ..."

"build the giant um decarbonization container thing but maybe do it on a small scale maybe if you were aiming to capture at some point I don't know 700 metric tons of carbon maybe just do it like one o..."

"gone backwards in terms of technological progress like young people watching this might not realize but like regular people used to regularly fly supersonic from New York City to London in like two ho..."

"things in your brain yeah and then manifest them in reality Gary do you want to talk about one of YC's first earliest and most successful heart ATT companies this company called Cruz yeah of course so..."

"how much was it sold for uh almost a billion dollars which was really wild and and just how long after you interviewed him uh I mean it was a matter of few years few years like two years maybe from in..."

"amount of venture dollars was actually like a really good was like a really good way to to bootstrap the like the big long-term ambitious idea and so was the pitch that they'll take these like assiste..."

"are viable is they're going after a known commercial space but doing it a lot cheaper than the current incumbents and for example launching satellites to space cost like billions of dollars because th..."

"now uh kind of like astris is a great example of it that now that you can get to space there are all these things that you can actually do in space that are very valuable and there's a really crazy on..."

"16 batch amazingly we actually had3 billion aerospace companies in the same batch isn't that wild yeah um wow winter 16 that was a special time and I I I think the the reason is what Gary was saying w..."

"to space because there's so much of the tolerance with with heat dissipation and energy and to get everything at the right manufacturing very like super high precision and the cool thing is they actua..."

"subsidized by the government and what they figure out is they're going after the market and during the batch they signed a bunch of uh Lo with a lot of airlines because this is actually a burning prob..."

"to be a 19 seater so they actually have a built models for it already that's that's pretty cool to see right and the other cool thing about Hardware companies as they progress you need a lot of fundin..."

"the other thing to why now there's actually regulations that came up that they're forcing cargo ships to meet carbon goals as well the cool thing about them during the batch I work with them in Winter..."

"do is they make industrial chemicals they started with the smallest possible scale that you could imagine making these chemicals at and then they just scaled up in like successively larger and larger ..."

"sort of like the plan for how do you get to like see it's like crowdsourcing the costs to build them that's a very clever hack yeah I think so right and it is a work in progress and we'll see how it p..."

"so it sounds like Homebrew Computer Club again but for robotics this is exactly that it is exactly the same pattern and Diana canest it's the same sort of founder profile like somebody who is just ver..."

"it's time it's it's definitely timely with with the news right um but they they did a lot of simulations right and software to be able to really prove that they can run this engine in multiple speed w..."

"going to focus on just that they've already signed up Lois um uh for quite a lot of money and use that to like fund their future plans right which is sort of it's like the Tesla strategy where it's li..."

"somewhat like they already know where they want to get to and I think that is probably different to many software companies where you can have a fuzzier vision of the future and iterate and figure it ..."

"the planet if it actually works and then zooming out like that's sort of um the job of every hardtech founder period is that uh in aggregate the amount of risk might be this much and then we're saying..."

"the asteroids are there they've got like Platinum the only question is whether you can get it it's like a machine that turns lead into gold exactly yes that will be valuable our software companies the..."

"because these are atoms and huge industries that you can go after solving climate creating a lot more efficient chemicals going after being interplanetary species into this whole vision of space it's ..."

"convince not just like investors at the beginning but later on like they have to have a very hardcore technical experts like Blake right he didn't come from Blake from boom didn't come from Aerospace ..."

"I'll never forget what he said at the dinner is really stuck with me what he said is you might think that running boom was much harder than running the social buying site and actually it wasn't um cuz..."

"it's so hard to sell to but they've been able to do it and not just the employees are taking a chance on them but also the shipping owners these owners are signing the pilots the Lois for them because..."

"to be alive this is a a piece of advice Paul Graham would give um way back in YC where it's sort of when you're fundraising some people are natural fundraisers and some people aren't and if you're not..."