Hello and welcome back to Equity, a podcast about the business of startups where we unpack the

numbers and nuance behind the headlines.

I'm Natasha Masqueranas and this is our Wednesday show, where we niche down to a single

topic, think about a question and

unpack the rest. Today we're asking how is YC evolving to meet a change market and I

have Alex will hum with me fresh off of demo day Apple everything from last week Alex how are you fired up ready to go I mean I was

looking forward to this for days because it's kind of the next point of what we care

about startups the future what's being built, who's building it,

and how we're getting there.

And we're not alone.

We have Michael Seibel, a friend of the pod, and the head of YC's accelerator,

with a sit-down interview that they don't do too much anymore.

Why see historically is of a press hour, it doesn't anymore.

And so consider this kind of Michael in the hot seat, dare I say,

and we're going to get into some pretty exclusive details on how one of the most famous accelerators is thinking about itself, its batches, and growing its standard deal in the future.

And without further ado, let's jump right into that interview. It's Michael Seibel. Michael Seibel is the

head of YC's accelerator, has been with the institution for nearly a decade. He is

one of the most prominent black investors in venture and early stage fundraising and before that he founded Social Cam and Justin TV.

He also went to Yale, but more importantly he went to high school very close to me.

Michael Seibel, welcome back to the show.

Thank you.

Where'd you go to high school?

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