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YC Summer 2017 Stats

blog.ycombinator.com

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Re: YC Summer 2017 Stats

#71

Post by SirLJ »

rmena123 wrote: post #69
mwseibel wrote: post #65

Earlier quoted context omitted.

If you truly believe this than I am sorry. If you are interested - feel free to email me: michael@ycombinator.com

I'll email you sometime and I appreciate the response. Just to set my example, how many staff at YC are black or Hispanic in the list below? I find it odd considering the amount of population of these groups in the USA alone. Not many startups cater to this demographic, if they aren't being accepted. http://www.ycombinator.com/people/

You are a spot on bro, they are all talk and no action...

Re: YC Summer 2017 Stats

#72

Post by rdlecler1 »

adventured wrote: post #19
katm wrote: post #3

Earlier quoted context omitted.

Another thing I've been curious about is how many of the founders had student loans when they started the company. I'd bet that student loans hold a lot of people back. I just paid mine off last year.

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…

If YC could give 1 year of healthcare I bet the would get a lot more companies applying.

Re: YC Summer 2017 Stats

#73

Post by jaredklewis »

koolba wrote: 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…

Underrepresented might not mean underpresented in YC, but underpresented in the industry. In which case there is more to consider than just the applicant set.

Re: YC Summer 2017 Stats

#74

Post by Powerofmene »

nl wrote: post #55
jv22222 wrote: post #52

Do people over the age of 40 ever get in to YC?

In 2016 18% of YC founders were 40+ https://mixpanel.com/blog/2016/05/18/getting-accepted-into-y...

It would be interesting to know how many founders were over 40 in S17. It would also be interesting to see if YC has a sense of any difficulties that older founding teams experience in attracting VC funding.

Re: YC Summer 2017 Stats

#75

Post by Powerofmene »

rmena123 wrote: post #68
Powerofmene wrote: post #62

Earlier quoted context omitted.

>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. I would venture to guess that YC understands more than you think. How could you game the application process to get accepted and what purpose would it serve? Sure you co…

Yes, you could game the application, but yes it wouldn't take you far, maybe an interview to tell them what I did. Which I wouldn't do.

I guess my question would be ....game the application to what end? While you clarified that you would not game the application I would venture to guess that it has probably happened or at least been seriously contemplated by other applicants.

It seems to me that this would certainly be a very unwise decision given that the YC community is very tight knit. I guess there are those who would hope that if just given the chance to be heard during the interview that YC would see the passion and determination but it seems like it would be a very unwise way to start what he/she hopes would be a long term relationship. As you said, the application could be gamed but I don't think it would be looked upon as a good move and given the number of applications that YC receives, such a move is a terrible waste of the YC screeners valuable time.

Re: YC Summer 2017 Stats

#76

Post by jacquesm »

capocannoniere wrote: post #41

> 10 YC alum are valued at over $1B and 64 YC alum are valued at over $100M. Impressive. But off the top of my head I can count a few more than 10 YC companies valued at $1B or more: 1) Airbnb 2) Quora 3) Stripe 4) Dropbox 5) Instacart 6) Coinbase 7) Reddit 8) Cruise 9) Twitch 10) Gusto 11) Zenefits 12) Docker 13) Machine Zone And a few more that are pretty close to $1B

Zenefits was definitely valued at > $1B at some point but is this still true after the adjustment and the various rounds of lay-offs?

Re: YC Summer 2017 Stats

#77

Post by jacquesm »

csomar wrote: post #46
sillysaurus3 wrote: post #36

Earlier quoted context omitted.

(I didn't downvote.) Winners take a long time to develop. YC's pipeline makes it likely that the new ones will go through it. It's probably more likely now than in 2008, meaning a YC applicant today might be that 500bn company in 10 years.

Yeah, I'm not sure why anyone would down vote that. Own a stake in YC?

Maybe because $85B is a lot of dough regardless of whether or not there are larger entities?

Re: YC Summer 2017 Stats

#78

Post by Y7ZCQtNo39 »

mwseibel wrote: post #65
rmena123 wrote: post #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 ar…

If you truly believe this than I am sorry. If you are interested - feel free to email me: michael@ycombinator.com

Slightly related: I'm curious about educational background and the impact on admission.

The figures for Summer 2017 are 72 different universities out of 294 founders. That seems like a pretty specific group within academia. Possibly a set of highly selective universities. I'm curious if the applicant pool similarly as narrow, or if the brand of one's alma mater bears relevance to the process.

As mentioned prior, a piece of paper is a poor proxy for talent and drive.

Re: YC Summer 2017 Stats

#79

Post by dragonwriter »

jacquesm wrote: post #76
capocannoniere wrote: post #41

> 10 YC alum are valued at over $1B and 64 YC alum are valued at over $100M. Impressive. But off the top of my head I can count a few more than 10 YC companies valued at $1B or more: 1) Airbnb 2) Quora 3) Stripe 4) Dropbox 5) Instacart 6) Coinbase 7) Reddit 8) Cruise 9) Twitch 10) Gusto 11) Zenefits 12) Docker 13) Machine Zone And a few more that are pretty close to $1B

Zenefits was definitely valued at > $1B at some point but is this still true after the adjustment and the various rounds of lay-offs?

Isn't “valued at” based on the most recent funding round (in the absence of public trading, the only clear objective measure for a pre-IPO startup), so if they haven't raised since the problems, they'd still be “valued at” the same amount, to the most current available information?

Re: YC Summer 2017 Stats

#80

Post by jacquesm »

rmena123 wrote: post #69
mwseibel wrote: post #65

Earlier quoted context omitted.

If you truly believe this than I am sorry. If you are interested - feel free to email me: michael@ycombinator.com

I'll email you sometime and I appreciate the response. Just to set my example, how many staff at YC are black or Hispanic in the list below? I find it odd considering the amount of population of these groups in the USA alone. Not many startups cater to this demographic, if they aren't being accepted. http://www.ycombinator.com/people/

You may have a point. The decision of who to fund may rely in part on seeking people similar to oneself and if the demographics of the applicant pool are not reflected in the staff of YC it may skew the outcome against minorities.
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