Is there much interaction with YC portfolio companies on the technical side? Also, have there previously been folk on the Software Team who have joined (or founded) YC companies?
There is some. The job is not primarily to be a "technical advisor", but it definitely comes up.
The software team is too new (only about 2 years old) for people to have left to start YC companies yet, but I'm sure it will happen.
Can you talk about engineering benefits for working on this team besides "you will get to network with hot startups and stuff"? Maybe a bit more color on the technical challenges / culture ?
I think the greatest engineering benefit is being able to take advantage of YC's reach to have a lot of influence.
For example, the YC startup school MOOC was built by one engineer in 2 months. It's now had a major effect on over 10,000 companies who participated. That's pretty cool.
That's a great question. One interesting bit on the job application page: > We offer standard startup benefits, including equity in YC. As a member of YC, you'll also have opportunities to get to know a lot of the best people in the startup world. But no mention of a salary. In this particular case I'll make an exception to the rule that you should value your stock at $0.
Actually, it's rather clear that Y Combinator has no plans for an exit event. To quote Paul Graham himself ( https://news.ycombinator.com/item?id=13784 ): "Ordinarily a startup should be a C corp. It's cheaper to be an LLC, but if you plan to succeed, you may as well do things right from the start. With an LLC profits don't get taxed twice like in a regular corporation. So it makes sense to be an LLC if you expect to…
But shares in law partnerships aren't worthless. Presumably YC pays its profits (when its portfolio companies have exit events) out to shareholders, so its shares are worth the future value of those profits.
I can't help but wonder. They've been posting this job for several months in monthly "Who's hiring" thread (here's one from 227 days ago: https://news.ycombinator.com/item?id=12628215 ) I can't imagine that they're hiring 100s of people. I also assume that people do apply because it's YC. And yet, the position goes unfilled for months. Either they have extremely unrealistic standards (a dna-spliced cross-breed of Car…
Maybe they have a lot of employee turnover. Always hiring because there is always someone going out to work on a new idea.
Well, it you view this page's source. You'll see tags that haven't been used since the 90s like . Maybe the jobs are to maintain legacy systems and alot of engineers don't want to maintain legacy systems. Still, seems like having Y Combinator on your resume would look great.