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Am I reading this correctly that the $20,000 YC fellowship is no longer available (and therefore the only want to get any form seed funding from YC is once again to move to the Bay Area)? That said, the MOOC sounds interesting!
However, we may offer something like 'financial aid' for future versions of the MOOC.
Am I reading this correctly that the $20,000 YC fellowship is no longer available (and therefore the only want to get any form seed funding from YC is once again to move to the Bay Area)? That said, the MOOC sounds interesting!
Correct. However, we may offer something like 'financial aid' for future versions of the MOOC.
Is that basically what you're going for with the PB analogy, except s/academic/startup-mentoring/ ?
YC is in the incredibly fortunate position of having this opportunity but instead it looks like Sam Altman is falling into the same trap Larry Page did with Google. He's turning it into a bit of a rich guy's playground...
On behalf of the world that wasn't born into a world of wealth and elite connections: Please shine your massive resources on the many thousands of deserving little startups!
I have to wonder what kind of world Graham sees, if it's one in which all communities would welcome a person like Sam as leader. No disrespect to Sam and his substantial leadership qualities.
Edit: It's also a commonly recognized form of racism: using people of color as ideological puppets, making claims on their behalf rather than letting them speak for themselves.
Earlier quoted context omitted.
Every blog post should have a TLDR like this one. TL;DR: Michael Seibel will be the new CEO of YC Core, which we are now just going to call "YC". Ali Rowghani is now the CEO of the YC Continuity Fund. I’m going to be the President of YC Group, which includes Y Combinator, YC Continuity, YC Research, and our new online class. We’ll add more organizational units over time. We’re going to replace the Fellowship with a m…
The use of TL;DR bothers me because the word "summary" is appropriate or even "key points". It's not common use among all groups of people (old timers for example who also could read a blog post) and it really doesn't serve any clear purpose that "summary" does not.
....
What the world needs is a solution to funding orders of magnitude more startups than currently get funded. YC is in the incredibly fortunate position of having this opportunity but instead it looks like Sam Altman is falling into the same trap Larry Page did with Google. He's turning it into a bit of a rich guy's playground... On behalf of the world that wasn't born into a world of wealth and elite connections: Pleas…
Also, being connected doesn't help people get into YC. We have no connection to most of the companies we fund.