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Y Combinator Traded Prestige for Growth

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Re: Y Combinator Traded Prestige for Growth

#271

How many times did the author apply and get rejected from YC? I have heard this sentiment before, from a less successful VC. After comparing them based on track record, it was clear YC is in a league of its own. I want to get advice from people who have built startups before. Looks at YC advisors on YouTube and you'll find they're all very successful. Look at the partners and advisors at most VCs or accelerator progr…

> How many times did the author apply and get rejected from YC? Author is not wrong. This “YC is actually a negative signal” sentiment started back in 2018-2019. The “actual” good entrepreneurs (e.g., the folks you expect from Harvard, MIT, Stanford, Berkeley) stopped applying to YC a while back. There are different signaling mechanisms in 2024, which I won’t reveal here, because the “plebs” will turn it into shit, j…

I think I've heard about the different signaling mechanisms. Those are easily exploitable so good to not reveal.

Re: Y Combinator Traded Prestige for Growth

#272

Earlier quoted context omitted.

> It's just hard to convey the sense from the early days of YC that they really didn't care about the return, or the progress so far, or VCs, or fads, or anything. That said, I really was at the right place at the right time and got very lucky. It seems to me that there was an early '10s milieu that enabled YC to behave like it did. Web apps and mobile fundamentally transformed everyday life and communication in very…

> It seems to me that there was an early '10s milieu that enabled YC to behave like it did. Definitely, it's called ZIRP and QE.

Yes, because ZIRP and QE are deflationary policies: they reduce the amount of interest paid by the government.
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