Earlier quoted context omitted.
It’s a form of self selection. YC (and silicon valley at large) isn't interested in founders with pesky things like real life responsibilities or anything else that will prevent them from focusing on their startup 24x7.
This is too flippant. YC is so early on some of these deals that the primary gauge is team - which means personality of founders. Very hard to measure remotely. I'm in a group, not as big or famous, that does early checks. We're 95% remote. IME, it's so hard to make those judgement calls through web-cam. Agreed that founder focus is a big factor and that life gets in the way (of deals). However, if you don't like YC…
Do YC after you graduate: Early decision for students
121–130 of 290 posts
Re: Do YC after you graduate: Early decision for students
#122Does YC ever intend to revisit doing remote batches again? There's many founders in the country who are just as driven and motivated, but have real-world situations that cannot allow uprooting themselves for several months, two very common ones: - new parents - disabled family members, or are themselves physically disabled The discourse on Hacker News has frequently chastised companies demanding RTO, and some of the…
Check out https://tinyseed.com/
Re: Do YC after you graduate: Early decision for students
#123Re: Do YC after you graduate: Early decision for students
#124Re: Do YC after you graduate: Early decision for students
#125Earlier quoted context omitted.
Putting inexperienced kids with good credentials who are amenable to listening to a board in charge of these things is part of the yc business model.
YC doesn't take board seats. edit: removed snarky attack
Re: Do YC after you graduate: Early decision for students
#126Earlier quoted context omitted.
We might, and I'm sure you're right that there are many great founders not applying to do YC because they don't want to move here. But I think it would be a better analogy to compare YC to a university, rather than to a company. It's true that many companies operate remotely very effectively. But essentially zero universities have stayed remote since the early days of the pandemic.
Because a university's ability to charge the prices they do depends on people being on location. Nobody is going to pay 50k or 100k for an online course. Plus if rich fucks can't buy a building to put their name on that kids will walk through they won't donate money. You make it sound like it's a decision based on school administrators putting learning first.
Then I started another. Horrible failure! Then another. And another!
And now I own a successful company built off all my previous learnings and failures. The “rich fucks” work for me now!
Re: Do YC after you graduate: Early decision for students
#127Earlier quoted context omitted.
Because a university's ability to charge the prices they do depends on people being on location. Nobody is going to pay 50k or 100k for an online course. Plus if rich fucks can't buy a building to put their name on that kids will walk through they won't donate money. You make it sound like it's a decision based on school administrators putting learning first.
So much emotion! I graduated from a fairly shitty (and getting worse) state school and I started my own company. Which failed! Then I started another. Horrible failure! Then another. And another! And now I own a successful company built off all my previous learnings and failures. The “rich fucks” work for me now!
Re: Do YC after you graduate: Early decision for students
#128Earlier quoted context omitted.
In fairness young people can have high agency, back their own judgements, and have grit, perseverance, et al. and still lack experience and be more easily influenced by perceived mentors than they might be a decade later in their career paths. With no disrespect to YC, of course.
Sure but the founders who will generate the greatest returns for investors are the ones who won’t be pushed around by boards. Facebook’s board advised Mark Zuckerberg to take Yahoo’s $1B offer in 2006 [1]. He was 22 years old. He refused, and Meta is now valued at nearly $2T. That’s the kind of founder that the most ambitious startup investors are looking for. [1] https://www.businessinsider.com/an-ugly-truth-mark-zu…
Unless ... your point is that all YC founders are homogeneous interchangeable cyborgs? ( surely not ).
Re: Do YC after you graduate: Early decision for students
#129Post Paul Graham YC: reserve your YC spot now. There’s no downside!
Re: Do YC after you graduate: Early decision for students
#130Earlier quoted context omitted.
So much emotion! I graduated from a fairly shitty (and getting worse) state school and I started my own company. Which failed! Then I started another. Horrible failure! Then another. And another! And now I own a successful company built off all my previous learnings and failures. The “rich fucks” work for me now!
I like how other than being triggered by the word rich fucks your reply has nothing to do with universities being remote or in person, just you bragging about personal accomplishments? I mean congratulations, but universities are still going to charge more by requiring you to go on location.