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How YC Has Changed

blog.ycombinator.com

11–20 of 61 posts

Re: How YC Has Changed

#11
Michael how much of that early magic is lost now with PG not actively involved, with the bigger batches and the more industrialized machine?

Don't get me wrong, what YC has become is pretty amazing but boy what I wouldn't give to have been part of one of those first few batches or especially that first one with Aaron Swartz.

Re: How YC Has Changed

#12
post #6

As you have scaled other things, can't you scale feedback for companies? Atleast, for what you consider top 10% or so? We applied last batch and got a question around a competitor that had just gotten funding. Not sure if that was the reason of the reject.

Unfortunately with over 8000 applicants each batch that is very very hard but I will talk to our admissions team to see if there is anything we can do to improve in this area. I apologize for how frustrating it is to get a YC rejection.

P.S I'll advise everyone to visit siebel's Molly page (https://molly.com/michael/q/eyJpZCI6IDEwMTR9/what-are-some-o... are answers to most of your questions on there. It's a great guide for your application process and you would be able to deduce why you are accepted/rejected from the analytics of those answers. With +-8000 applications you'll need all the help you can get to make your application stand out.

Re: How YC Has Changed

#13
post #11

Michael how much of that early magic is lost now with PG not actively involved, with the bigger batches and the more industrialized machine? Don't get me wrong, what YC has become is pretty amazing but boy what I wouldn't give to have been part of one of those first few batches or especially that first one with Aaron Swartz.

I talk about this specifically in my post... Having done YC in 2007, 2012, and helping to run it now. I think today YC founders are given many more tools and much more money to succeed.

Re: How YC Has Changed

#14
post #6

As you have scaled other things, can't you scale feedback for companies? Atleast, for what you consider top 10% or so? We applied last batch and got a question around a competitor that had just gotten funding. Not sure if that was the reason of the reject.

Unfortunately with over 8000 applicants each batch that is very very hard but I will talk to our admissions team to see if there is anything we can do to improve in this area. I apologize for how frustrating it is to get a YC rejection.

I think you should be commended for actually giving rejections. It's a very kind thing in a world of radio silence.

Re: How YC Has Changed

#15
When people compare how many companies get into YC vs how many of them become successful companies should understand that beyond what YC brings to startups which is a lot, the success also depends on the founding team execution and the ability to find a market fit, sell and grow the product. I am a first-time applicant and what makes me take the decision was all the great resources YC can bring to my company (advisors, network, knowledge) more than looking at how many big companies or brands went through the accelerator program which is also a way of effectiveness measurement, but for me not the most important.

Re: How YC Has Changed

#17
post #11

Michael how much of that early magic is lost now with PG not actively involved, with the bigger batches and the more industrialized machine? Don't get me wrong, what YC has become is pretty amazing but boy what I wouldn't give to have been part of one of those first few batches or especially that first one with Aaron Swartz.

I talk about this specifically in my post... Having done YC in 2007, 2012, and helping to run it now. I think today YC founders are given many more tools and much more money to succeed.

Sure, no doubt today's founders are much better equipped for success no arguing that.

I guess I meant just from a pure experience perspective.

Re: How YC Has Changed

#18
> In 2007, if you had a B2B startup, you had to reach out cold to potential customers. Now there are over 1000 YC companies you can sell your service to and all of their contact information is in Bookface. As a result, YC alumni companies are often over 50% of your new sales during YC.

This alone would be an interesting angle if you consider the equity given to YC purely marketing and sales spend.

Re: How YC Has Changed

#19
post #6

As you have scaled other things, can't you scale feedback for companies? Atleast, for what you consider top 10% or so? We applied last batch and got a question around a competitor that had just gotten funding. Not sure if that was the reason of the reject.

Unfortunately with over 8000 applicants each batch that is very very hard but I will talk to our admissions team to see if there is anything we can do to improve in this area. I apologize for how frustrating it is to get a YC rejection.

How about just adding a "feedback" box that reviewers could add feedback to if they wanted which could then be included with the rejection email?
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