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In this discussion at Startup School Paris, Dust co-founder Stanislas Polu reflects on his path from Stripe to OpenAI and why he and his co-founder decided to build their company in France. Apply to Y Combinator: https://www.ycombinator.com/apply Work at a startup: https://www.ycombinator.com/jobs Chapters: 00:00 — Intro 01:09 — From Stripe to OpenAI to Founder 02:49 — Why Stan Left OpenAI 03:46 — What Dust Actually Does 04:07 — What Work Looks Like in 3 Years 05:10 — Where the Thesis Was Right (and Wrong) 07:05 — The Horizontal vs. Vertical Debate 09:15 — Model Agnostic as a Moat 10:49 — How Labs Starve the Funding Market 12:19 — Raising Small on Purpose 14:39 — The Mistral Lesson 15:11 — Why Build in France? 17:08 — When Labs Enter Your Vertical 18:27 — The Margin Problem 21:45 — Outro

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