31–40 of 175 posts
He's probably right, didn't Airbnb struggle for about a year after graduation?
By any chance, do you have further readings on this? We're also a struggling marketplace and would take great motivation from this.
It's more like they want to fund 1000 startups so that 100 are sustainable.
We don't hear moonshot or billion dollar market depth or hyper growth as much as we used
Anyone feeling the same?
Is there any way for YC to build its prestige and the sense of value it delivers without being a positive signal?
Yes, this forum. This forum makes it marginally easier for their companies to get recognition and hire employees. Additionally, if you look at the really successful companies that have come out of the program, they were all funded by YC when they took on far less companies.
Was just thinking the other day, it'd be super interesting if YC ran some YC Equity/YC UBI experiments within its own network. Basically in joining YC, each YC member would be granted a percentage of YC's 7% stake in all of the YC companies which would reduce their need to fundraise. In theory, YC members should all be highly motivated achievers and use that percentage stake to move their diverse set of businesses fo…
Take a percent of equity, add it to the "YC Mutual Fund", and return equal value in the form of "YC Mutual Fund" shares at par value.
Earlier quoted context omitted.
I am interested in trying some version of this! Have been thinking about all the edge cases.
That'll be expensive. On the order of 100's of millions per year at that scale. 15,000 * 1000 = 15 M / month for an amount that would move the needle, but still not enough to live off.
Earlier quoted context omitted.
That'll be expensive. On the order of 100's of millions per year at that scale. 15,000 * 1000 = 15 M / month for an amount that would move the needle, but still not enough to live off.
I don't think they have 1500 companies inflight at once though.
I wonder if it would be effective to tell YC companies that they can participate in a demo day, but it doesn't have to be the one for their batch -- so a company could wait and join the following cohort in order to avoid the stigma of being "the company which couldn't get funding at demo day and is now going around to VCs one by one".
Earlier quoted context omitted.
I think it's an honest comment about the "Halo-effect" the YC stamp can have on investors. One useful counterfactual is thinking about what our comments would be if Sam said "more YC company should raise money immediately after the program". I think it would be very hard to defend that every (most?) startup is ready for such a commitment at that very specific moment in time.
But YC is already making the claim that every company in the program is ready for investment. It's doing so by investing in them.
Also, I'll have some serious respect for YC if I'm not banned for this comment =)
Was just thinking the other day, it'd be super interesting if YC ran some YC Equity/YC UBI experiments within its own network. Basically in joining YC, each YC member would be granted a percentage of YC's 7% stake in all of the YC companies which would reduce their need to fundraise. In theory, YC members should all be highly motivated achievers and use that percentage stake to move their diverse set of businesses fo…