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Done with YC: Age Discrimination

news.ycombinator.com

31–40 of 140 posts

Re: Done with YC: Age Discrimination

#31

I have just scraped the comment section of the recent "Launch YC S21: Meet the Batch" announcement: - Aditya and Karan (Warrant) - Anta and Karthik (Inai) - Nishant and Pranav (Nino Foods) - Jan and Anahi (Perfekto) - Bruno and Guilherme (Jestor) - Antonio, Felipe, Joaquin and Francois (Chipax) - Ali and Omair (Abhi) As with every place "you need to fit in": Do you fit in here? I have the feeling that YC have "their…

A few things.

- it's misleading to cherry-pick a single post. The analysis for all 400+ Launch HNs would look entirely different (https://news.ycombinator.com/launches).

- the type of startups you mention (extending an existing business to a large market) are more likely to be in an aggregate thread than a standalone Launch HN [1], so you've effectively assumed your conclusion.

- you presumably know nothing about the ages of those founders, so bringing them up in a post alleging age discrimination (or more precisely, not alleging age discrimination) and misleadingly adding the word "young" is... dubious.

- you list the founders' names but nothing about their startups. Why? Obviously because they have international origins. Following that with "do you fit in here" strikes me as a veiled slur.

- it's also pretty silly. Why shouldn't YC fund great startups regardless of where they come from? You'll find YC doing exactly that in every category: national background as well as all the others (race, gender, class, and yes, age).

[1] That's because, for this batch, we've been trying to give every YC startup who wants to launch on HN a chance to do so. That requires a huge number of editorial decisions because there are so many more startups than front page slots. I make the editorial decisions based not on the quality of the startup or their market (let alone irrelevant attributes of founders), but on how interesting the HN thread is likely to be to the community here. Mostly that has to do with avoiding repetition (https://hn.algolia.com/?dateRange=all&page=0&prefix=false&so...). In other words, the considerations are completely unrelated to everything you're implying. I explained all this when announcing the aggregate launch threads: https://news.ycombinator.com/item?id=27877280.

Re: Done with YC: Age Discrimination

#32
post #16

My father-in-law holds degrees from Stanford and Harvard, and has similarly struggled to find a job as he's grown older. When I referred him to an open position at my company, his un-edited resume matched almost perfectly, but the recruiter called him "too operational" -- and obviously had not dug in to who he was. I didn't push it but it seemed that his gray hair visible in his LinkedIn profile was a put off. I can'…

> What is their line of thinking? That older people are too set in their ways? They command too much salary? They will not be a cultural fit because of an age gap? Can anyone describe the position of those who slyly or effectively hire a younger crowd only?

All of the above. In my experience, hiring managers want to hire someone they can have fun with outside of work so commonalities such as age are very important

Re: Done with YC: Age Discrimination

#33

I absolutely agree that age discrimination exists in our industry, and it’s even worse in SV. But I really think you’re barking up the wrong tree here. Anytime you have an institution with single digit acceptance rates, you invariably are going to have truly excellent candidates who don’t make it in.

Agreed. It feels like they're trying to claim that they were rejected for age... without providing any evidence. They don't want to come out and say it. But by suggesting enough, it's sure implied.

Re: Done with YC: Age Discrimination

#34
Why is this post getting so many upvotes? "Age discrimination" - based on what?!

If I am a vegan and get constantly rejected by YC, should I create a post: "Done with YC: They hate vegans"?

I expect much better from HN. What the hell.

Re: Done with YC: Age Discrimination

#35

You've got YC one-itis. There are a zillion other places to raise money. Any one funding source says no 98% of the time, it has nothing to do with you. -a 55 year old founder who just raised a $20M Series A

As an older founder, it's easier to raise $20M Series A than as a younger founder. I'm pretty confident I have a much better chance of raising money than I did a decade or two ago. To be specific, I think I would have had almost no chance way back when, and I think I'd probably have better-than-even-odds today, if I tried (which I wouldn't; I'm committed to what I'm doing).

However, that doesn't mean places don't age-discriminate.

Truth of the matter is, I'd enjoy doing Y-Combinator at some point in my life, but I don't think it will every be possible:

- I don't think they'd take someone like me

- If they did, once you have kids and mortgage, you can't relocate

- If you do, once you have kids, you can't do the Y-Combinator lifestyle of 80 hour work weeks, sprints, and ramen

- The offer would be exploitative, for people with more senior backgrounds. Perhaps I can get by this, but 7% is a lot to give up for advising.

Y-Combinator: "We think that $125k is currently the right amount for founders to be able to run their company and pay expenses for around 5-6 months, and sometimes even longer" (https://www.ycombinator.com/deal/)

That's great for a grad student, but I think a lot of people read this to mean "no older people." I mean, I might be able to self-finance or raise capital, but founding team for $125k for 6+ months? That's delusional if you're out-of-school and have expenses.

Re: Done with YC: Age Discrimination

#36
To me, it is pretty clear that YC favors the young and narrowly focused. The advice in startup school, while excellent and evergreen, certainly seems geared toward early career people in its content. YC representatives have said again and again that they are looking for people without families, with low personal burn rates (live like college students), the flexible personal relationships to move to SF and work nonstop(no family), absolutely hungry to prove themselves, who are wicked smart and motivated, but not yet wise enough to say no to an incredibly risky bet where the downsides are all one-sided. The avoiding of solo founders I think has a lot to do with the typical applicant's age and experience as well.

YC's inferred goal is to launch young founders who would otherwise be ignored or not taken seriously (and perhaps end up with a financial advantage for discovering a diamond in the rough). You are already in orbit. Keep at it and good luck!

Re: Done with YC: Age Discrimination

#37

You've got YC one-itis. There are a zillion other places to raise money. Any one funding source says no 98% of the time, it has nothing to do with you. -a 55 year old founder who just raised a $20M Series A

I had a convo with an angel who was asking me (for some reason) for advice on breaking into the YC investor network. The most surprising thing is that angels appear to be semi-excluded now. I don’t have anything more than two datapoints: 1. That angel who reached out to me 2. The fact that the YC investor demo day application explicitly excludes angels. Of course, #2 is misleading. You can certainly submit an app as…

> The most surprising thing is that angels appear to be semi-excluded now.

That might be a consequence from that Dreamworld debacle... Maybe... Hopefully...

Having an obvious scam legitimizing themselves through YCombinator was at the very least very disconcerting.

(Just a random person's opinion)

https://www.ycombinator.com/companies/dreamworld

Re: Done with YC: Age Discrimination

#38

You've got YC one-itis. There are a zillion other places to raise money. Any one funding source says no 98% of the time, it has nothing to do with you. -a 55 year old founder who just raised a $20M Series A

You seem to have raised money before almost 20 years ago. That sure must help.

That's precisely why being an older person helps. You have experience under your belt. If you're 55 and have never done anything, that's a strong signal to not invest in you, since you're unlikely to do something now.

20-year-olds are risks. 55-year-old have track records.

Re: Done with YC: Age Discrimination

#39
This is 100% true - but that is their business model. And I cannot call it age discrimination since they are VC not an employer.

Older founders are more likely to make a profitable business (lifestyle business) but less likely to create a unicorn type hot start up. In other words, if one is experienced then one can make profitable business (lifestyle business) even if the idea is bad.

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