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Startup School Advisor Track: You Are In

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Re: Startup School Advisor Track: You Are In

#232
Here's what I'd do if I were YC, especially having seen in this thread and on Twitter a bunch of seemingly promising startups that were rejected from Startup School:

Add a second chance--not just for those who received an incorrect email today, but for everyone who was rejected but fully audits the program. Toward the end of the ten weeks, allow startups auditing the course to submit a progress report or a second application, with some of those candidates--perhaps those that have shown the most growth over the course of the program?--accepted to participate in a later 10-week advisory program like the one Startup School offers on the advisory track. (I'm sure a chance at $10k would be appreciated as well.)

That would make Startup School a more appealing proposition for those who were not accepted, relieve some of the sting for those who are upset today, and to some extent correct for the fact that the selection process is inherently imperfect. From YC's perspective, it would increase participation in Startup School without requiring huge numbers of new advisors; you'd have 10 weeks to find a couple of new advisors for a small batch of accepted second-chancers, or perhaps some of the first-run advisors would be willing to commit to a second round. Plus this would give YC another opportunity to get in early with some of the most promising startups they rejected today.

(I think giving hope to people who were misinformed today would help alleviate some of the PR problems YC is surely going to face, but I'd add this as a permanent feature of Startup School anyway.)

Re: Startup School Advisor Track: You Are In

#235

Earlier quoted context omitted.

Are we(in audit) eligible for 10k grant?

Also trying to understand this, because it's unclear how "audit path" differs from: "not applied, will just watch stuff on YouTube"

It doesn't differ. They just named it the audit path so you don't feel as bad about not getting in.

Re: Startup School Advisor Track: You Are In

#236

Earlier quoted context omitted.

Thank you for that. The worst part though is the part where they say "You got accepted to audit the course" .... doesn't everyone get accepted to audit it?

They do. And I apologize for the wording - it was not intended to be misleading.

mistakes happen, but great to see you totally owning it up!

Re: Startup School Advisor Track: You Are In

#237

Earlier quoted context omitted.

Not sure the number was specified, but seems like >100 Since 100 will be chosen to receive the 10,000$

But only 25 were accepted to the "Advisor" track, and there seems to be only one set of reject/accept emails being sent out. It seems to me there are only 25 accepted for advising, but maybe even auditing companies are eligible for the $10k?

My reading of the acceptance email is that it's 25 companies per advisor and that there's probably somewhere in the neighborhood of 100 advisors, if last year's numbers are any indication. So anyone accepted at this point still only has around 4% chance of getting the $10k. But the advice and lectures should still be valuable for everyone who doesn't get the money.

Re: Startup School Advisor Track: You Are In

#238

Earlier quoted context omitted.

Also trying to understand this, because it's unclear how "audit path" differs from: "not applied, will just watch stuff on YouTube"

It doesn't differ. They just named it the audit path so you don't feel as bad about not getting in.

Yup. That's what I believed too.

Re: Startup School Advisor Track: You Are In

#239

My cofounder and I were cheers-ing about our acceptance an hour ago and now we're texting about this y-combinator screw-up--we're not accepted after all! For all the other founders and teams who had that momentary confidence of outside reenforcement -- remember how unstoppable and brave you felt in that moment! That glow doesn't have to go away with a retraction email. Hold onto the feeling. Go make great things, go…

I have the good fortune of living in Vietnam, so all this happened while I was sound asleep, and when I woke up I read the rejection email first, as it arrived later and was higher up my inbox. Time for coffee and back to coding.
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