Paul Graham, Founder of Y Combinator, Live from Stockholm

The gist

1. Unplanned meetings in startup hubs are more valuable than planned ones, so moving to where ambitious people concentrate reshapes your trajectory.
2. Silicon Valley investors decide faster than European ones due to competition, so proximity to the Valley or a YC batch creates fundraising urgency.
3. The biggest benefit of a startup hub is recalibrating what you think is possible by measuring yourself against founders who have already succeeded.
4. Founders who do YC and return home import a 60-year-old pay-it-forward culture that acts as a force multiplier for their local ecosystem.