Y Combinator Gets The Sequoia Capital Seal Of Approval • Hacker News Board

Re: Y Combinator Gets The Sequoia Capital Seal Of Approval

#41

Post by netcan » Mon, Mar 16, 2009, 11:20 PM UTC

pg wrote: post #32

aristus wrote: post #3

Question for paul: your limiting factor is not money, but time, right? Are you just going to say yes to more interviewees or will you interview more startups? Will YC alums take a more active role between funding and demo day?

Because of the recession, money started to be the limiting factor. We didn't feel like we could prudently expand when there might not be any more returns for the next several years. We are probably going to invite more startups to interviews, and we definitely hope to accept a higher percentage of those we invite. And yes, we're going to encourage YC alums to help the other startups. They already do a lot, but we're…

Is there an estimate of how long YC needs in order to become self sufficient?

Re: Y Combinator Gets The Sequoia Capital Seal Of Approval

#42

Post by smallpaul » Tue, Mar 17, 2009, 5:44 AM UTC

I love Robert Morris' crunchbase bio: "... He has published extensively on wireless networks, distributed operating systems, and peer-to-peer applications. In 1988 his discovery of buffer overflow first brought the Internet to the attention of the general public."

I think we know that the "discovery" of a vulnerability is never enough to get the general public interested...I didn't hear a peep in the MSM about the huge Debian/SSL debacle.

Re: Y Combinator Gets The Sequoia Capital Seal Of Approval

#43

Post by pg » Tue, Mar 17, 2009, 7:38 AM UTC

netcan wrote: post #41

pg wrote: post #32

Earlier quoted context omitted.

Because of the recession, money started to be the limiting factor. We didn't feel like we could prudently expand when there might not be any more returns for the next several years. We are probably going to invite more startups to interviews, and we definitely hope to accept a higher percentage of those we invite. And yes, we're going to encourage YC alums to help the other startups. They already do a lot, but we're…

Is there an estimate of how long YC needs in order to become self sufficient?

It would be very hard to guess, because it all depends on accidents of liquidity.

Re: Y Combinator Gets The Sequoia Capital Seal Of Approval

#44

Post by netcan » Tue, Mar 17, 2009, 1:45 PM UTC

pg wrote: post #43

netcan wrote: post #41

Earlier quoted context omitted.

Is there an estimate of how long YC needs in order to become self sufficient?

It would be very hard to guess, because it all depends on accidents of liquidity.

Isn't that were numbers start to kick in?

60 per round @ 10 years is 1200 startups?

Actually, that brings up a completely different question: Can YC scale to the point where you can't remember most of the names anymore?

Re: Y Combinator Gets The Sequoia Capital Seal Of Approval

#45

Post by danielzarick » Tue, Mar 17, 2009, 2:13 PM UTC

Everybody is over speculating the significance of this. This just means more opportunity for each of us to seize. All of you can continue debating why this is good or bad, but I am going to go finish my YC application.