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Welcome Sam, Garry, Emmett, and Justin

ycombinator.posterous.com

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Re: Welcome Sam, Garry, Emmett, and Justin

#13
post #3

This move seems to indicate that the startups are having issues getting access/undivided attention from the 'senior' partners. It is great that ycombinator has become so successful but the value prop of it seems to be diminishing as it grows. If I wanted to collaborate with other founders there are plenty of meetup groups I could attend without giving up a large share of my company.

[deleted]

Re: Welcome Sam, Garry, Emmett, and Justin

#14
post #3

This move seems to indicate that the startups are having issues getting access/undivided attention from the 'senior' partners. It is great that ycombinator has become so successful but the value prop of it seems to be diminishing as it grows. If I wanted to collaborate with other founders there are plenty of meetup groups I could attend without giving up a large share of my company.

but the value prop of it seems to be diminishing as it grows

Just some of the things that have become better as YC has grown...

- guaranteed convertible debt money waiting for you after YC

- meetings with the best VCs

- tailored advice from (more and more) folks who have done it again and again

So even in the worst case scenario where your point re: access turns out true(I do not think it is), there are many, many things about YC's offering which get better for each coming batch.

Re: Welcome Sam, Garry, Emmett, and Justin

#15
post #3

This move seems to indicate that the startups are having issues getting access/undivided attention from the 'senior' partners. It is great that ycombinator has become so successful but the value prop of it seems to be diminishing as it grows. If I wanted to collaborate with other founders there are plenty of meetup groups I could attend without giving up a large share of my company.

but the value prop of it seems to be diminishing as it grows

- guaranteed convertible debt

- meetings with the best VCs

- tailored advice from (more and more) folks who have done it again and again

Just some of the things that have become better as YC has grown. So even in the worst case scenario where your point re: access turned out true, there are many, many things about YC's offering which get better for each coming batch.

Re: Welcome Sam, Garry, Emmett, and Justin

#16
post #12

It seems that with each session, YC takes on more and more companies. Will this extra help continue to make this a YC norm? Has there been an upper limit defined?

I'd guess they'll keep going until they see diminishing returns. PG has said y-combinator is an effort to mass produce the startup (don't have the direct quote offhand). With that in mind, they seem to be looking to optimize the entire experience rather than just seeking to maximize profit. I imagine they'll let it grow only to the point that they still feel like they can work with each of the startups in some capacity (and within reason).

Re: Welcome Sam, Garry, Emmett, and Justin

#17
post #12

It seems that with each session, YC takes on more and more companies. Will this extra help continue to make this a YC norm? Has there been an upper limit defined?

We can handle about 20 startups per (full-time) partner. Maybe 25. So with 10 partners advising startups we could get up to 200-250 startups simultaneously. Not that we expect to anytime soon; the point is just that if there is a limit, it's not immediately in front of us.

Re: Welcome Sam, Garry, Emmett, and Justin

#18
post #7
post #3

This move seems to indicate that the startups are having issues getting access/undivided attention from the 'senior' partners. It is great that ycombinator has become so successful but the value prop of it seems to be diminishing as it grows. If I wanted to collaborate with other founders there are plenty of meetup groups I could attend without giving up a large share of my company.

Ouch! ;) I'm probably biased but a big part of the value we've received from YC has been from access to alumni -- for example, when going out for our series A Sam was actually the most helpful out of anyone we spoke to, having just gone through the process himself (and done a killer job!). I think the view we can bring as alumni going through later stage startups is that we have immediate relevant operational experie…

justin, couldn't agree more; you guys prove how strong the YC family is.

Re: Welcome Sam, Garry, Emmett, and Justin

#19
post #10

It's a dojo. The most senior students teach you all the basic stances/punches/kicks/throws. The sensei helps you put it all together into a coherent fighting style.

That sounds nice. When I was training, it was: senior students teach you the basic moves, and then the teacher chases you around with a big stick telling you to move faster.

Re: Welcome Sam, Garry, Emmett, and Justin

#20
post #17
post #12

It seems that with each session, YC takes on more and more companies. Will this extra help continue to make this a YC norm? Has there been an upper limit defined?

We can handle about 20 startups per (full-time) partner. Maybe 25. So with 10 partners advising startups we could get up to 200-250 startups simultaneously. Not that we expect to anytime soon; the point is just that if there is a limit, it's not immediately in front of us.

Have you considered taking on far more teams?

You're growing from batch to batch, but if you could reach 200 startups by your estimates, why not grow even faster? Is it just a matter of "slow and steady"?

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