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Is Y Combinator worth it?

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Re: Is Y Combinator worth it?

#4
When I did YC in S16 I found it worth it, but IMO the biggest value of YC at the time was being able to work on building and selling product for 3 straight months without talking to investors, and knowing that funding was likely not going to be a problem at demo day week assuming you did exactly that. YC had already "vetted" your company for investors so that you didn't need to prove yourself in any other way than hard work/growth. After demo day, you could fundraise in a week or two and then get right back to work.

By not talking to investors, you could grow well more than 7%, so it was worth giving up 7%.

Of course, YC has a LOT of other value but that was quite possibly the biggest one.

Unfortunately with the number of companies in recent batches I feel like that value is no longer captured, not all companies are chased after by investors at Demo Day, and the other value YC used to provide, i.e. individual attention given to companies, is also much less than it used to be.

IMO it's still a great program but 7% is too much for what is offered today.

Re: Is Y Combinator worth it?

#5
Yes.

You have to keep an open mind coming in though — they may challenge your very understanding of your company’s existence.

Focus, focus, focus on the right metric, and find PMF before you scale.

S20 participant here, so fresh from the program.

Re: Is Y Combinator worth it?

#8
post #3

I hope if someone can provide some statistics on how many YC companies shutdown after X years. That would be very interesting.

This has info (year, exit / dead, one line description) of 1281 YC companies [0]

Out of the 49 companies in the S11 batch, 10 exited, 17 are "dead", and 22 have no status.

Most of the companies from the W16 batch have no status listed.

[0]: https://yclist.com/

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