This content was created by GHION.AI . This content was uploaded by GHION.AI . This is a YouTube video titled "Too Many Problems, Many Smart People - Garry Tan (Y Combinator)" featuring a talk by Garry Tan, recorded on October 18, 2023. In this talk, Garry Tan reflects on his 20 years of experience in finance and investing, discussing the abundance of global problems and the potential of technology and smart individuals to solve them.
Chapters
Let me wrap up a little bit with something that I think is the number one thing that I've learned now, 20 years later. Investing in all these companies, working with all these incredible founders. There's a financial adage, some of you will go on to work in finance, and that's okay. I'm not going to be mad at you. I work in finance now, actually, the clear and obvious thing that I hear from finance people all the time is there's too much money chasing too few good ideas and too few good people. And then I just really disagree with that, actually. I think if anything, what I've seen very close, up close and personal over the last 20 years is exactly this. There's definitely way too much money. But actually, let's flip it. Like, there are actually too many problems in the world. There are so many innumerable problems. Like, we live in an utterly fallen world, and the only tool that we have at some level is actually techne technology. And look to the left and right of you right now. And like, all you people on the Internet, like, you know, you're. You're in good company, you're in the right place. This tribe, we are a tribe of people who believe that we can actually solve those problems. So there is so much power in this room right now. There is so much power out there on the Internet right now. There are so many smart people out there.