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I got into YC after applying 6 times. Here's my advice for YC applicants

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Re: I got into YC after applying 6 times. Here's my advice for YC applicants

#3
post #2

Why do everyone thinks that , if you got into YC , your company gonna be a sure bet ?

I don't think many people actually think that. We've said publicly many times that we'd be pleasantly surprised if the success rate was as high as 50%.

Re: I got into YC after applying 6 times. Here's my advice for YC applicants

#4
post #3
post #2

Why do everyone thinks that , if you got into YC , your company gonna be a sure bet ?

I don't think many people actually think that. We've said publicly many times that we'd be pleasantly surprised if the success rate was as high as 50%.

hmm. Then that's really contradicts this post.

Re: I got into YC after applying 6 times. Here's my advice for YC applicants

#5
post #2

Why do everyone thinks that , if you got into YC , your company gonna be a sure bet ?

Not at all. Plenty of YC companies fail. The founders go on to do another startup, work at facebook/google/etc, work for another startup, or raise a family.

And also, there are plenty of non-YC companies that succeed. I've not asserted otherwise.

This is advice for you only if you're already convinced of the value of YC. If you aren't yet, there's other blog posts to cover that.

Re: I got into YC after applying 6 times. Here's my advice for YC applicants

#6
post #4
post #3

Earlier quoted context omitted.

I don't think many people actually think that. We've said publicly many times that we'd be pleasantly surprised if the success rate was as high as 50%.

hmm. Then that's really contradicts this post.

I think that for the average startup your chance of success would improve in a statistically significant way but this would be really hard to quantify as if you get into YC you were probably already more likely to succeed on your own anyway.

It also depends a lot on how success is defined, in the return on investment for investors or in how it effects/improves the founders/employees lives. Getting a talent acquisition and working on something awesome at Facebook or similar could be a big success for the founders even though there is little there for the investors.

Re: I got into YC after applying 6 times. Here's my advice for YC applicants

#7
post #5
post #2

Why do everyone thinks that , if you got into YC , your company gonna be a sure bet ?

Not at all. Plenty of YC companies fail. The founders go on to do another startup, work at facebook/google/etc, work for another startup, or raise a family. And also, there are plenty of non-YC companies that succeed. I've not asserted otherwise. This is advice for you only if you're already convinced of the value of YC. If you aren't yet, there's other blog posts to cover that.

Personally , I am big fan of YC. However if the idea is good and execution is great , with or without YC , you will succeed .
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