A biography for Andrew Yanghasn’t been written yet.
“Intellectual capital drives financial capital and growth.”
“FOMO (fear of missing out) is the enemy of valuing your own time.”
“We say success in America is about hard work and character. It's not really. Most of success today is about how good you are at certain tests and what kind of family background you have, with some exceptions sprinkled in to try and make it all seem fair.”
“I'm an entrepreneur trying to let the American people know that it's not immigrants that are causing economic problems, it is the fact that our economy is advancing in ways that is making human labor less and less essential.”
“I had very little going for me as a kid except for the fact that I had demanding parents and was very good at filling out bubbles on standardized tests. I went to the Center for Talented Youth at Johns Hopkins University because I did well on the SAT. I went to Exeter because I did well on the SAT.”
“There is, happily, a non-redistributive approach to address income inequality - one that doesn't rely upon government. It's to grow the pie. That is, create more decent jobs that pay more.”
“Our system rewards specific talents more than anything. I got pushed forward for having certain capacities. Others had their horizons systematically lowered for having capacities that our academic system had no use for. I've seen countless people lose heart and feel like they should settle for less, that they don't deserve abundance.”
“I would not outlaw or eliminate private health insurance. But if we do a good enough job, with a robust public option, there really should not be as much of a need for private insurance in the market.”
“The professors at Harvard are smarter and more world-renowned, and so your child will learn from a pre-eminent scholar who is a leader in his or her field. Some of Harvard's professors are even famous.”
“Just about any growth company is going to need smart salespeople, account and project managers, business development, marketing, operations, customer service, content creation, communications, analytics, and social media.”
“There is a common and persistent belief out there that entrepreneurship is about creativity - that it's about having a great idea. But it's not, really. Entrepreneurship isn't about creativity. It's about organization-building - which, in turn, is about people.”
“Technology can create needs even as it addresses them.”
“I sometimes compare starting a business to having a child. You have a moment of profound inspiration, followed by months of thankless hard work and waking up in the middle of the night.”
“You will almost always leave a professional services environment with a few noteworthy friends and relationships. These contacts can prove to be extremely valuable both personally and professionally.”
“Millennials get a bad rap sometimes about their grit and perseverance.”
“What was a profitable business in one era can become a public utility and a recognized public good in the next.”
“Starting a successful company is one of the hardest things anyone does.”
“Zoning laws making housing more expensive? That's less of a problem with a universal basic income and more of a reason to put money directly into people's hands.”
“The monetary market is going to value people's time less and less as time goes on, so you need another way to structure their day that rewards them.”
“The technologists and entrepreneurs I know are generally good people. If they were given a choice, 'Do your job and eliminate normal jobs' or 'Do your job and create abundant opportunities,' they would choose the latter. Most of them would happily even take a small hit to do so. But this isn't a choice they're given.”