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Changes at YC

ycombinator.com

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Re: Changes at YC

#31

Post by O__________O »

Does this also mean YC is killing off their YC Continuity Programs:

>> Series A Program: Help founders achieve the best possible outcome when raising a Series A via year-round workshops, fundraising guides and 1:1 support.

>> Post-A Program: Batches for YC startups immediately after their Series A to share best practices for growth: managing a board, building a team, key metrics for a Series B and more.

>> YC Growth Program: Graduate school for startups. We bring together cohorts of CEOs of rapidly growing YC companies to focus on the challenges of company building: the changing role of a CEO at scale, setting strategies and success metrics for the organization, hiring and managing great leaders, and more.

Source:

- https://web.archive.org/web/20220812233728/https://www.ycomb...

_____

EDIT: Related comment from Garry on the topic:

- https://news.ycombinator.com/item?id=35143443

Re: Changes at YC

#32

Post by riffic »

TedDoesntTalk wrote: post #16
fnordpiglet wrote: post #6

Sorry to everyone who lost their jobs. It can feel like the end of the world and your worth. But I’ve seen throughout my career people land somewhere better. Someone once wise told me the most important saying in the world is “this too shall pass,” which applies to all things, good and bad.

“Everything that arises passes away.”

no one died here sheesh

Re: Changes at YC

#34

Post by cm2012 »

roflyear wrote: post #28
xyzelement wrote: post #22

Earlier quoted context omitted.

I am not VC but I think this is kinda apparent from the get go. In early stage you are betting on and nurturing a small team with a full-of-hope business plan. They need relatively small bits of help that can go a along way. So both "who you are chosing among" and "how you are helping them" is very specific. With bigger companies, the team and the business plan is more proven and they need help navigating size and sc…

If it is, bad look for YC: obviously they did not think it was apparent, and they should be the experts.

YC took a risk with a new division and then closed it when it didn't work. That's not a "bad look" at all.

Re: Changes at YC

#35

Post by rosywoozlechan »

djyaz1200 wrote: post #17

I'd be very interested in the specifics of how and why late stage investing is so different that the success of YC in early stages doesn't translate.

> is so different that the success of YC in early stages doesn't translate

that's not a claim made in the article. It just said the late state was different enough to be a distraction from their core mission of being an early stage investor. A company with just an idea and 2 founders and nothing more is obviously very different from a company with many employees, a revenue stream and a long list of customers. It should be obvious how different that is.

Re: Changes at YC

#36

Post by breck »

I like it. Double down on what people love about YC—getting more people to become entrepreneurs.

The later stages there's plenty of YC companies out there that can help (WeFunder, Mercury, Brex, Clerky, Stripe, LSTE, etc).

Re: Changes at YC

#38

Post by everybodyknows »

cheeze wrote: post #8

Weak wording the same as every other company > Unfortunately, this means we will no longer need some of the roles > Seventeen of our teammates are impacted

Is "impacted" the euphemism of the 2020's? In the past I've seen "affected", but maybe that's passé now. So hard to keep up with all the progress in our language ...

Re: Changes at YC

#39

Post by iLoveOncall »

djyaz1200 wrote: post #17

I'd be very interested in the specifics of how and why late stage investing is so different that the success of YC in early stages doesn't translate.

It costs a lot more to invest in a late stage startup than an early stage one.

In the current economic climate they probably can't afford (or just don't want to risk) to invest large sums, while on the contrary can "take advantage" of early stage startups which will struggle more to get funding.

Re: Changes at YC

#40

Post by gingerrr »

O__________O wrote: post #31

Does this also mean YC is killing off their YC Continuity Programs: >> Series A Program: Help founders achieve the best possible outcome when raising a Series A via year-round workshops, fundraising guides and 1:1 support. >> Post-A Program: Batches for YC startups immediately after their Series A to share best practices for growth: managing a board, building a team, key metrics for a Series B and more. >> YC Growth…

Yes https://news.ycombinator.com/item?id=35142261
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