151–160 of 290 posts
Earlier quoted context omitted.
Gives me weirdo Thiel vibes who pays (or used to pay) kids to drop out of college and start a company for him.
In fairness, while I’m sure it didn’t work out for all of them, one of these students became one of the youngest self made billionaires in history
I can't quite put my finger on it, but this announcement gives me bad vibes.
Earlier quoted context omitted.
In fairness, while I’m sure it didn’t work out for all of them, one of these students became one of the youngest self made billionaires in history
He did it to the smartest kid in our CS class. I feel bad now because I feel like he deserves a degree.
I can't quite put my finger on it, but this announcement gives me bad vibes.
Asking people without experience, skills and maturity to know what they want in their life to commit to YC way before graduating comes off as simply too much.
Eventually, PE started recruiting earlier and earlier to the point where they were hiring college graduates for two years in the future who hadn't even started their IB role. Obviously, these people don't even know what they like doing, and you have no idea if they are any good at their job.
The end result was Jamie Dimon of JPM slamming his fist on the table to knock it off. This has led other banks to follow suit and major PE firms to commit to stop recruiting this early. At least for now.
But it seems that something similar is now happening on the VC side.
I can't quite put my finger on it, but this announcement gives me bad vibes.
Asking people without experience, skills and maturity to know what they want in their life to commit to YC way before graduating comes off as simply too much.
I can't quite put my finger on it, but this announcement gives me bad vibes.
Wanting to finish school is a negative signal. Also
> Also we know that many students spend a lot of time in Fall or during their final year applying for jobs or internships. Early Decision gives students another option: apply to YC and bet on yourself.
So now YC is an alternative to searching and apply for jobs? I think if you're marginal on trying to find a corporate job or starting something, then you should prob find a corp job. Objectively starting a startup is worse, you work harder, lower odds of success, more stress, less money, etc. You have to be a little crazy and hardheaded to make it work
Finally everything that YC does to increase it's applicant pool so they still maintain exclusivity. If you have 2% acceptance rate, why are you trying to maximize the top of the funnel? You should discourage people to apply.
I can't quite put my finger on it, but this announcement gives me bad vibes.
As if all of your education (and probably side-projects, life decisions) is meant to lead to YC.
I think this is oddly predatory, and sends the wrong idea to graduating students who have not even entered the real world. There is no need to rush to get into YC, and it would help to get actual experience in a job before setting out to build a whole company.