Garry Tan

YC is always growing.

Like we seem to be growing like 10 or 20%.

I don't know what you mean by too far.

I mean just straight up doing things that are illegal or unethical.

The hard part here is like the tournaments, every market is so crowded.

but I think they're all open again.

So there's this sort of interesting time in startups where, going back to the waves, you have anytime there's a new wave, we have this idea that it's a blue ocean.

You could just do anything, literally anything, and it'd be awesome.

Like if you did a social network in 2004 or 2005 and you were good,

You could have killed Facebook.

Like any of those things could have happened.

And then as time goes on, usually like five or ten years in, the companies raise hundreds to billions of dollars.

The revenue goes up.

It goes from a blue ocean to red ocean.

Basically, it's a blue ocean when nobody knows which end is up and there's no competition.

And then anything that could be really, really big ends up becoming a red ocean.

And that became more and more true over the last 15 years.

And then AI has basically opened it up and everything's blue again.

It seems like it might be for a long time, no?

We'll see.