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YC Summer 2017 Stats

blog.ycombinator.com

51–60 of 124 posts

Re: YC Summer 2017 Stats

#51
post #50

Earlier quoted context omitted.

Reddit raised $200 million in funding and is now valued at $1.8 billion [1] Q&A app Quora valued around $1.8 billion in $85 million fundraise [2] Docker Is Raising Funding at $1.3B Valuation [3] Twitch was acquired by $970M, so I guess not quite $1B. [1] https://www.recode.net/2017/7/31/16037126/reddit-funding-200... [2] https://techcrunch.com/2017/04/21/uniquorn/ [3] http://www.datacenterknowledge.com/archives/2017/…

See my edit above. Your wording could be better.

You're right. Fixed

Re: YC Summer 2017 Stats

#53
post #9
post #6

Interesting stats. I don't get this section though: UNDERREPRESENTED FOUNDERS S17 Female founders: 35 (12% of all S17 founders) S17 Applicants who were female: 14% S17 Companies with a female founder: 27 (21% of the batch) S17 Applications with a female founder: 22% S17 Black founders: 14 (4.76% of S17 founders) S17 Companies with a Black/Af-Am founder: 8 (6.25% of the batch) S17 Hispanic/Latinx founders: 13 (4.42% o…

* We ask for gender on our applications, but we haven't asked for race/ethnicity, which is why we don't have the answer to your first question. * We see that it does for female founders. * Total number of submissions * Gender is reported in the applications. We asked founders in the batch to self-report for race/ethnicity.

Just curious, how many applications did you receive for Summer 2017?

Re: YC Summer 2017 Stats

#56
post #21

It's cool that this batch is so international. I'm surprised to see companies from that many different regions. That said, I'm also really surprised, given how international this batch is, that there isn't a single Chinese company.

Possible reasons other than "just so happened": * VC money is more accessible for Chinese startups in China * Chinese startups are mostly targeting local market * Visa issues? (these are all wild guesses)

The Brazilian company is targeting just the Brazilian market so I don’t think that’s an issue.

Re: YC Summer 2017 Stats

#57
post #27

Earlier quoted context omitted.

Student loans and health factors (specifically complications around health insurance or existing healthcare costs). Health considerations can be a massive issue when trying to do a start-up. At 30-40 years old (with the average age around 30, I imagine there are plenty of candidates between 30-40), some small percentage of people are likely to be running into their first health problems or concerns. Financially speak…

It's a rather marginal difference when you're already forgoing $13k a month or more in salary to be an entrepreneur instead of a bigco developer, no? Like, you'd just have to work a month or two extra before quitting to cover a year of prescriptions.

If you have a need for a prescription with costs in that range, the prescription itself is likely a minimal cost in the whole scheme of healthcare costs you have.

Specialists usually charge significantly more than primary care physicians and an unforseen trip to the ER can easily cost $20k. It's not as simple as working an extra month or two.

The risks of not having insurance are utterly terrible financial handcuffs. I'm just starting down the path of cancer treatments, the coverages (or lack thereof) and costs are eye-opening, and scary.

Re: YC Summer 2017 Stats

#58
I can bet, if YC had the stats for race/ethnicity amount who applied, we would be shocked of the amount of blacks or Latinos who were never accepted. Especially from the early days.

Count me and a few other Hispanics who never have been accepted. The only time its cared about is after the fact and just for show purposes like this.

On a side Note: Yc doesn't understand people like me will never have the resume they are looking for, but have the talent and drive. I could game the application process to get accepted. Because we know what you accept and its not just a race issue.

Re: YC Summer 2017 Stats

#59

I can bet, if YC had the stats for race/ethnicity amount who applied, we would be shocked of the amount of blacks or Latinos who were never accepted. Especially from the early days. Count me and a few other Hispanics who never have been accepted. The only time its cared about is after the fact and just for show purposes like this. On a side Note: Yc doesn't understand people like me will never have the resume they ar…

Are you suggesting that YC rejects applicants because they are black or hispanic? Why would they do that?

You seem to also say that they want to brag about accepting these ethnicities, so why then they discriminate _against_ them?

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