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I like the last one the most. I think it captures the spirit of Silicon Valley very well. When one company in YC does well, the whole community benefits. Beca
by mathattack 11y ago
I like the last one the most. I think it captures the spirit of Silicon Valley very well.
When one company in YC does well, the whole community benefits. Because YC has such a strong track record, early adopters, investors and press are often more willing to take a look at YC founders, even if they’re first time founders. To maintain the strength of the community as it grows, we developed a set of principles that YC founders are asked to live by.
- flubert 11y agoIt does seem like that wording could potentially cut two ways though. "We're the good-old-boys network, and if we like you, we will show you the secret handshake to get into the club, and our club has made-men in the investor and media communities." Undoubtedly I am way off base here, but I wonder if others got a similar vibe from that statement, and if there would be a good way to reword that.
- rfrank 11y agoIt's how vague the word "community" is in context. What community? Y-Combinator founders/alumni? The startup community? The tech community at large? The Bay Area? America? The global community?
- mathattack 11y agoI view it as, "You're getting the benefit of the YC brand, so there are some principles you should follow to make it better for the next batch."
- api 11y agoOver the long run, this eats itself. It would result in a lot of low-quality but highly connected 'juiced' companies getting too much of a boost from brand but then flopping by failing to actually deliver on their hype. In the end this dilutes the brand, and is self-correcting. YC would end up with a reputation as an over-hyped old boy network past its prime, etc. Sure you can ride into town on a big white horse but if you can't handle your gun... :) It can take a while to manifest. Like a bank account, large pools of goodwill and brand equity take a long time to drain. But eventually the draining happens. The tech industry is so fast that 'a while' might be 'a few years.'
- mathattack 11y agoIs it that different that a Harvard or MIT alum taking a call from a student looking for an internship? They take the call because someone took their call years before. Are they over-hyped old boys networks? I'll leave that to others.
- rhizome 11y agoIt's the original affirmative action program.
- Mz 11y agoI honestly wish YC and HN handled a few things better (wrt "old boys network" vibe in specific), but I think it is pretty ridiculous to interpret their position that way. They are helping lots of people start new companies. If anything, they are a threat to The Old Guard, not its defenders.
- goldbrick 11y agoMeet the new boss, same as the old boss.
- deleted 11y ago[deleted]
- bobby_9x 11y agoWhy is this a good thing? Shouldn't we be striving for a merit based system and not a system that benefits the few people that are able to get through the YC interview process?
- mathattack 11y agoI am not an insider, but I view this as, "Starting something is hard. We make it a little easier for you. You make it a little easier for the next group." There are so many random things that can befall a startup, that any support network is great. This is no different than Steve Jobs mentoring people, because others mentored him.
- Kinnard 11y agoI don't think the two are mutually exclusive.
- bobby_9x 11y agoSeriously? Getting down voted for merely asking a question and trying to provoke actual thought? I've come to realize that the HN community is void of intellectual thought and discussion and is mostly an echo chamber. I feel like I've already outgrown it and I haven't even been a part of it that long. Eternal September?
- staunch 11y agoFrom the HN guidelines https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html > Getting down voted for merely asking a question and trying to provoke actual thought? Please resist commenting about being downvoted. It never does any good, and it makes boring reading. > I feel like I've already outgrown it and I haven't even been a part of it that long. If your account is less than a year old, please don't submit comments saying that HN is turning into Reddit. It's a common semi-noob illusion, as old as the hills.
- sroussey 11y agoHow do things get down voted? I never see that as an option...
- smalter 11y agoWhat are those principles?