Y Combinator partners tell MIT students to steer clear of big-name companies
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Re: Y Combinator partners tell MIT students to steer clear of big-name companies
#2"Y Combinator usually invests $120 thousand in its startups, but Altman revealed during the Q-and-A that they have plans for helping startups requiring more money. “We have some news coming on that,"
different type(s) of startups being funded?
Re: Y Combinator partners tell MIT students to steer clear of big-name companies
#3> Students were also encouraged to steer clear of large companies.
Maybe because it's cheaper for Sam's YC companies to poach talent from Acme Co. rather than Google or Apple.
Re: Y Combinator partners tell MIT students to steer clear of big-name companies
#4While large companies have their weaknesses, there's also a lot that can be learned working at one for a couple of years out of school before jumping into a startup. Even if the actual role isn't as "fulfilling," there is a lot more access to experience and wisdom that can be a lot harder to come by in a startup environment.
Re: Y Combinator partners tell MIT students to steer clear of big-name companies
#5Got to keep the supply of young, cheap, idealistic and naive new developers going somehow ;-)
/am a boring developer at a boring big company
Re: Y Combinator partners tell MIT students to steer clear of big-name companies
#6Advice from a VC is offered for their benefit, not yours.
Re: Y Combinator partners tell MIT students to steer clear of big-name companies
#7Got to keep the supply of young, cheap, idealistic and naive new developers going somehow ;-) /am a boring developer at a boring big company
How is life having a secure check coming every month?
Re: Y Combinator partners tell MIT students to steer clear of big-name companies
#8Sam is obviously not a disinterested party here. Don't join a big company- start a new investment for him to participate in or join one of his existing investments and help to make it a success. But in my experience nothing opens doors for you like having solid experience at a well known and well respected company. If you put in 5 years at Google, Apple, etc. you will find it to be much easier to start (or to get hired at) a start-up than if you had joined a start-up right away.
Re: Y Combinator partners tell MIT students to steer clear of big-name companies
#9Perhaps I am wrong, but this seems like horrible advice. For example, while working for a big co, you could come across a problem that you want to solve with a startup. If you are a kid just out of college, you probably don't have enough experience to work on anything but a consumer facing startup - and those have very low odds of success, despite a few big unicorns we all know about
Re: Y Combinator partners tell MIT students to steer clear of big-name companies
#10Advice from a VC is offered for their benefit, not yours.
Not just from VCs, I could have saved my self a lot of anguish if I had realised this when I was younger.