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Tech

Why Y Combinator Sam Altman Is Silicon Valley in a Bottle

By
Adam Lashinsky
Adam Lashinsky
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By
Adam Lashinsky
Adam Lashinsky
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October 18, 2016, 10:40 AM ET
Vanity Fair New Establishment Summit - Day 1
SAN FRANCISCO, CA - OCTOBER 06: Y Combinator President Sam Altman speaks onstage during "What Will They Think of Next? Talking About Innovation" at the Vanity Fair New Establishment Summit at Yerba Buena Center for the Arts on October 6, 2015 in San Francisco, California. (Photo by Michael Kovac/Getty Images for Vanity Fair)Michael Kovac—Getty Images for Vanity Fair
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I’m often a slow reader. It has taken me about two weeks, for instance, to finish Tad Friend’s remarkable profile of Y Combinator head Sam Altman in The New Yorker. Amusingly titled “Adding a Zero” in print and “Sam Altman’s Manifest Destiny” online, the piece is long (13 magazine pages), dense, and ambitious. It is also a delightful read. Indeed, Fortune’s Nicholas Varchaver called it the “most pleasurable business feature” he’d read the week before last.

It’s also maddening to devote all of these words to a 31-year-old, socially awkward futurist. Still, if you have a hankering to understand Silicon Valley in all its glory (and all its pity), I highly recommend you read this article. Y Combinator, YC for short, is an “accelerator” that invites classes of startup companies, called “batches,” to go through its program and compete for funding from venture capitalists.

Get Data Sheet, Fortune’s technology newsletter, where this essay originated.

Altman, a modestly successful entrepreneur himself before taking over YC, aims to be far more than a teacher of entrepreneurs. He is a master networker, a warrior for the battle for the human race against the destructive potential of artificial intelligence, and an empire builder. The ideas that come out of his mouth, without a trace of irony, are what make Silicon Valley simultaneously fascinating and tedious. For example, he wants to give every human a stipend once robots are doing all our work, a payment that “will free up that one person in a million who can create the next Apple.”

Speaking of Apple (AAPL), an item in The Economist caught my eye the other day. At the urging of the prime minister of Italy, the smartphone maker has set up a new “app academy” in Naples. There must be 20 other regions of the world that will want one of those.

For more on Y Combinator, watch:

By the way, if you’re not already reading Fortune’s CEO Daily newsletter on weekdays for Alan Murray’s insightful commentary and on Saturdays for Tory Newmyer’s incisive analysis of Washington, you have another great reason to subscribe: Varchaver’s weekly review of great business writing, which I referenced above. It will make you smarter. Maybe not startup-accelerator-chief smart. But still…

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By Adam Lashinsky
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