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Startup School: Every Company That Applied Is Now Accepted

blog.ycombinator.com

121–130 of 307 posts

Re: Startup School: Every Company That Applied Is Now Accepted

#121
1. Is it possible to find out why a startup was (initially) placed in the audit track?

2. Does this mean all startups will get access to benefits such as DO, AWS? And the chance to win $10k?

Rollercoaster of emotions, but thanks to the YC team for handling this well!

Re: Startup School: Every Company That Applied Is Now Accepted

#122

Was a bit disheartening getting that second mail. I mean, I'd already shared the news with Anita, the cofounder. When I woke up to the third mail, I wasn't sure what to think. 'Getting in' is okay, right? But knowing you 'got in' on merit is easier than knowing you got pushed in because of a system malfunction. Was almost not going to participate, but reading comments here, maybe I will. Hopefully, we get to learn an…

If you think the primary value of acceptance is some social signal rather than access to the system, wow. This is not the first comment of this sort I have seen suggesting this will be a lousy deal. And I am resisting the temptation to say "I'll be happy to take your slot if you don't want it" only because I have other plans, basically.

[deleted]

Re: Startup School: Every Company That Applied Is Now Accepted

#123

Was a bit disheartening getting that second mail. I mean, I'd already shared the news with Anita, the cofounder. When I woke up to the third mail, I wasn't sure what to think. 'Getting in' is okay, right? But knowing you 'got in' on merit is easier than knowing you got pushed in because of a system malfunction. Was almost not going to participate, but reading comments here, maybe I will. Hopefully, we get to learn an…

If you think the primary value of acceptance is some social signal rather than access to the system, wow. This is not the first comment of this sort I have seen suggesting this will be a lousy deal. And I am resisting the temptation to say "I'll be happy to take your slot if you don't want it" only because I have other plans, basically.

I was a bit surprised to read that comment, as well. Opportunities multiply as they are seized. OTOH, do not interrupt your enemy when he is making a mistake (that was a joke). Anyone in this position has an opportunity many many others do not.

Re: Startup School: Every Company That Applied Is Now Accepted

#125

Earlier quoted context omitted.

If you think the primary value of acceptance is some social signal rather than access to the system, wow. This is not the first comment of this sort I have seen suggesting this will be a lousy deal. And I am resisting the temptation to say "I'll be happy to take your slot if you don't want it" only because I have other plans, basically.

I was a bit surprised to read that comment, as well. Opportunities multiply as they are seized. OTOH, do not interrupt your enemy when he is making a mistake (that was a joke). Anyone in this position has an opportunity many many others do not.

Metaphorically, getting into a YC program is not evidence that you are a good egg. Instead, it is a guarantee of being kept warm so you have a chance to hatch.

Even without an advisor, this gives applicants access to important stuff, like discussion with other like-minded individuals who are also reviewing the same materials. That's huge.

Re: Startup School: Every Company That Applied Is Now Accepted

#126

Do all 15,000 still get AWS / Digital Ocean credits? Or is that only reserved for the 100 selected companies?

We're working hard to renegotiate the credits with the companies offering them. We'll definitely be able to offer some credits to all 15,000 companies but we're not sure exactly which ones yet.

Thank you! I was one of the ones who got the second email, and I really appreciate the integrity YC has shown. Lot of respect for you all.

Re: Startup School: Every Company That Applied Is Now Accepted

#128

Earlier quoted context omitted.

Yep. We do a little bit of that already with our normal batch applicants, but with the wide net of Startup School there may be more more data available that would be interesting to correlate with long-term success. I think it would be so valuable to have a rigorous study of the factors that correlate with startup success – letting founders know what they should optimize for is an important part of the value we want t…

How can I get started early in helping with this data? Serious question. Is there anything I can start doing/capturing that would help?

It would be interesting to write a bot that tracked fundraising event data from Crunchbase for the two groups in this cohort.

Re: Startup School: Every Company That Applied Is Now Accepted

#129

I hope somebody runs the data in the future to see if there was a statistical difference in outcomes between the companies intended to be accepted vs. not :-)

That is a good idea! We conducted an inadvertent A/B test :)

Is there any chance you can blind yourselves to any extent? Or does everyone involved already know too much about which companies were initially accepted?

Re: Startup School: Every Company That Applied Is Now Accepted

#130
post #121

1. Is it possible to find out why a startup was (initially) placed in the audit track? 2. Does this mean all startups will get access to benefits such as DO, AWS? And the chance to win $10k? Rollercoaster of emotions, but thanks to the YC team for handling this well!

Yep, everyone will be eligible for the $10K equity free grant (on an equal playing field).

We're talking to our partner companies and working hard on securing access to credits for all 15,000 companies. You'll definitely get a lot of credits and we're going to make it as close to the original list as we can.

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