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What does it mean by saying "got their start with us"? I believe many companies have been around for awhile before YC. Many already with revenue, traction and f
by brayton 11y ago
What does it mean by saying "got their start with us"? I believe many companies have been around for awhile before YC. Many already with revenue, traction and funds raised (although this might be the exception to the rule?).
- garry 11y agoThis is a relatively new phenomenon which is also why the YCF program exists now. Time was, you had a team and a demo.
- sama 11y agoThe great majority of companies we fund, even in recent batches, have effectively zero revenue when we fund them. But certainly more have a product and users than they used to, which is why we're doing the fellowship.
- brayton 11y agoYCF is an awesome move guys. Stays true to the funding of a good team/idea philosophy YC began with.
- mattkrisiloff 11y agoI would also just add that you should still feel welcome to apply to YC's normal program if you're still in the idea or prototype stage. Like kevin said elsewhere in the thread, it's about finding the amazing founders in the margins -- we want to see everything, and YC can still be a good fit for everyone.