Stanford, Michael Bloomberg Now Back Every Y Combinator Startup • Hacker News Board

Re: Stanford, Michael Bloomberg Now Back Every Y Combinator Startup

#41

Post by sgustard » Fri, Oct 16, 2015, 5:11 PM UTC

Animats wrote: post #13

Stanford is really an investment fund that runs a school on the side for the tax break. This started in 1991, when Stanford spun off their endowment management as the Stanford Management Company.[1] SMC's headquarters was on Sand Hill Road, across from all the VCs. This ended up putting Stanford into venture capital in a big way. This was new. Before that, universities tended to put their endowments into passive inve…

"Total investment income distributed for operations represented 26% of University revenue in FY14."

Re: Stanford, Michael Bloomberg Now Back Every Y Combinator Startup

#42

Post by anonbanker » Fri, Oct 16, 2015, 8:04 PM UTC

pbreit wrote: post #34

"Y Combinator has struggled to hold on to its founder-friendly mentality" This assertion wasn't backed up by much and it's not my impression.

let's pretend it's a TV show. Y Combinator is Blues Clues. pg was Steve. we're currently in the first part of the Joe Era. Joe was actually better than Steve in many ways[1], but he just isn't Steve, and everyone, including the audience, is trying not to notice, because yay, new Blue's Clues.

Now, when it fully pivots into Blue's Room, run.

[1] ways that don't include Steven Drozd.

Re: Stanford, Michael Bloomberg Now Back Every Y Combinator Startup

#43

Post by pbreit » Sat, Oct 17, 2015, 4:46 AM UTC

anonbanker wrote: post #42

pbreit wrote: post #34

"Y Combinator has struggled to hold on to its founder-friendly mentality" This assertion wasn't backed up by much and it's not my impression.

let's pretend it's a TV show. Y Combinator is Blues Clues. pg was Steve. we're currently in the first part of the Joe Era. Joe was actually better than Steve in many ways[1], but he just isn't Steve, and everyone, including the audience, is trying not to notice, because yay, new Blue's Clues. Now, when it fully pivots into Blue's Room, run. [1] ways that don't include Steven Drozd.

I didn't understand a word you just wrote.

Re: Stanford, Michael Bloomberg Now Back Every Y Combinator Startup

#44

Post by infinite8s » Tue, Oct 20, 2015, 2:31 PM UTC

jacquesm wrote: post #19

vessenes wrote: post #7

Earlier quoted context omitted.

You are wrong. So, so, wrong. If you were allowed to, the best thing you could possibly do for your early stage company would be to go take $100,000, nay $500,000 plus 30% of your stock and give it to Paul Graham in exchange for being let in to YC. It's not just the education you get, nor the peer pressure of being in a 'class' with other companies, it's also the social cache, the network of other YC funders, the acc…

The big draw of YC to me seems to be the alumni network, that's the real gold and with every class that network expands.

That's also the draw for Harvard Business School.