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Ways YC has changed in the last year

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31–40 of 225 posts

Re: Ways YC has changed in the last year

#31

Wow, even the bleeding edge, move fast and break things, disruptive crowd has reaffirmed one tradition: "in-person is the best." I think this settles it. WFH is less productive.

Maybe it's the best for that crowd. The stable edge slow moving corporate world isn't obligated to have the same things work for them

Re: Ways YC has changed in the last year

#32

Wow, even the bleeding edge, move fast and break things, disruptive crowd has reaffirmed one tradition: "in-person is the best." I think this settles it. WFH is less productive.

No, it only reaffirms, if anything, that fast moving startups benefit from in-person relationship, guidance and communication with peers more than they would over Teams.

Not really. It doesn't tell us anything except the opinion of a partner. Has S23 resulted in more successful startups, happier founders, higher valuations than W19, S20, W20, S21, W21, S22, and W22? There's no elaboration.

Re: Ways YC has changed in the last year

#33

It's a risky investment strategy to put so much emphasis on AI startups. Not only do you have the already volatile nature of early-stage software companies (which YC is of course used to), but this is a bet on whether machine learning, chiefly LLMs, are going to continue to outperform other technologies and become sustainable to run. There's no question in my mind that 'Open'AI is subsidizing the vast majority of LLM…

If this was NFTs, what would the winning strategy have been? Strike when the iron is hot and hype is at the maximum and hope to get some exits or subsequent rounds asap, or draw it out. From a portfolio perspective, it's just one batch, might as well go all in and maximally capitalize on hype, no?

NFT strategy was rather simple: hire so called celebrities to advertise the scam, profit from suckers, pull the rug.

Re: Ways YC has changed in the last year

#34
post #29

Earlier quoted context omitted.

No, it only reaffirms, if anything, that fast moving startups benefit from in-person relationship, guidance and communication with peers more than they would over Teams.

Based on what data exactly? Gut feelings? What could be faster than communications across vast distances at the speed of light?

I mean that's not my point, but the guy on Twitter, I was merely answering the previous poster who far fetched it.

Re: Ways YC has changed in the last year

#35
post #30

> We've now tried every point on the spectrum: fully remote, hybrid and fully in-person. So now we don't have to worry if we're being luddites: in-person YC just really is the best. How was this determined to be best? (Obviously, they haven't controlled for variables like the switch to 4 smaller batches, and the high percentage of startups all doing one exciting thing (AI). And do they realize the costs. And is it be…

It was determined the same way FAANG, Banks, and others have determined in-person is best: "haha, the economy is slowing, get back to the office you F*(&# losers".

Absolutely breathtaking level of cynicism from executive class that as soon as interest rates went up, hiring market cooled, and the power balance between workers & bosses swung back their way, suddenly in-office was "most productive".

100% vibes and "because we say so / we can get away with it".

Re: Ways YC has changed in the last year

#36

It's a risky investment strategy to put so much emphasis on AI startups. Not only do you have the already volatile nature of early-stage software companies (which YC is of course used to), but this is a bet on whether machine learning, chiefly LLMs, are going to continue to outperform other technologies and become sustainable to run. There's no question in my mind that 'Open'AI is subsidizing the vast majority of LLM…

[deleted]

Re: Ways YC has changed in the last year

#37

Twitter is such a garbage way to convey this kind of information.

It also limits the audience to people with Twitter, I can only see the first post.

Hop on over to nitter, just replace twitter in the url with nitter and you get https://nitter.net/snowmaker/status/1705643839443403263 which works without an account or anything.

Re: Ways YC has changed in the last year

#38
post #29

Earlier quoted context omitted.

No, it only reaffirms, if anything, that fast moving startups benefit from in-person relationship, guidance and communication with peers more than they would over Teams.

Based on what data exactly? Gut feelings? What could be faster than communications across vast distances at the speed of light?

Nonverbal and unstructured, unplanned communication don't really translate well to the digital world (yet)

Re: Ways YC has changed in the last year

#39
post #26

Would have liked to read why in person is better. I imagine the biggest reason is it raises the sense of commitment for everyone involved.

In person is better because the latent bid for tech workers has gone down, and now they feel comfortable demanding we all come back to the office. It's as simple as that.

Re: Ways YC has changed in the last year

#40
post #33

Earlier quoted context omitted.

If this was NFTs, what would the winning strategy have been? Strike when the iron is hot and hype is at the maximum and hope to get some exits or subsequent rounds asap, or draw it out. From a portfolio perspective, it's just one batch, might as well go all in and maximally capitalize on hype, no?

NFT strategy was rather simple: hire so called celebrities to advertise the scam, profit from suckers, pull the rug.

Sure, and the faster you did that the more you would have made. I don't think AI is equivalent, the emperor has some clothes on here, they're just not quite as nice as he's been led to belive, but the same principle applies. Move fast, break stuff, sell while the cat's still in the bag.
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