4 ms·
We have multiple people review each application (except the very good/very bad ones) and we look at the cases where the assessments are very different. Some of
by sama 11y ago
We have multiple people review each application (except the very good/very bad ones) and we look at the cases where the assessments are very different.
Some of the best companies have the most disagreement, which is why we have implemented our "strong yes" policy--if any single partner wants to fund a company, we fund it. It's much more important to our returns that we fund the next Airbnb than if we mistakenly fund one more bad company.
- jackpirate 11y agoThis is a really uninformative answer. Every peer reviewed conference/journal also does this. The NIPS study was special because they did more. They ran a controlled experiment to determine the exact variance in acceptance rates and then published the results. The GP was asking you to repeat the NIPS experiment.
- andkon 11y agoIf any partner can unilaterally say yes to any application, it makes the NIPS study irrelevant to their problem.
- namenotrequired 11y agoThey're in different business. NIPS needs to minimise the amount of really bad papers they accept. YC needs to maximise the amount of really good companies they fund.
- komali2 11y agoWho makes the first top-level judgement of "this is very good" or "this is very bad?"