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I realize there is probably some jest in that sentiment, but if you only want to do YC for these sorts of things then you're not in it for the right reasons. T

I realize there is probably some jest in that sentiment, but if you only want to do YC for these sorts of things then you're not in it for the right reasons. The extra events are certainly a nice perk, but the main focus is definitely bringing something to market that people want.

ynniv 17y ago
I'm with the original commenter: I can make something that people want without being part of YC, but the YC networking events are not independently reproducible. Many people say that higher education is going to lose out to online programs, but that opinion is oblivious to the institutional benefits that universities provide. YC is becoming a similar institutional organization, where membership provides value independently of the reason for membership. That has interesting implications, as pg has said that Harvard/Stanford/MIT YC applicants statistically do no better than others. I would be very interested in a comparison of YC's output to similar programs (TechStars) to see if YC has succeeded in attracting / developing a statistically "better" population, or if YC membership benefits are being squandered on an arbitrary few. There is a benefit to having a trusted crowd, but there may be a better way to decide who is "in". OTOH, it is good business for YC to nurture companies that it has invested in.
e1ven 17y ago
I can't say I agree at all. People can create a startup for lots of reasons- Wanting to change the world, wanting to make a lot of money, wanting to disrupt a market, whatever they want. That's great. I wish them well. YC is one way to get things started. It provides a pittance of money- $15K isn't really enough to fund substantial development, but it's enough to help build momentum. The biggest thing that YC does provide is Networking and advice. Meeting with PG et all is a great way to get good advice on how improve your product, and how to handle the trickier aspects of running a company, such as buyouts, raising additional capital, and the like. But beyond working with the YC staff, one of the other really nice advantages is working with the YC network. There is an ever increasing group of people who have gone through the same process you are- Who know a lot about what you're doing, and often have Great advice on what to do next. To my mind, they're one of the best reasons to join YC. The problem is, like everything else that YC is facing right now, it needs to scale. Kn0thing can't meet with 400 founders to discuss the sale of Redit to Conde Nast.. While it'd be great, that'd be his new full-time job. Holding a conference allows him to tell the same story once, and have everyone hear it. He can take questions, and answer them for everyone, rather than having 25 people ask the same variation of a question over and over. So to your main point- I love the conference idea, and I think it's a great value-add to YC. People might do a startup for any number of reasons, but this increases the value of YC being a part of yours.
- jazzychad 17y ago
  Yes, I agree with you, however I am speaking from current experience (I'm in the W10 batch and was at the conference last night). The extras are nice perks... very, very nice perks. The networking aspect is incredibly valuable (more so than I had foreseen). Yet, I maintain that those other things won't much matter if you don't prove your salt with your own startup. I was just responding to the "do YC just to get into these conferences" statement. That's all.

ynniv 17y ago

I'm with the original commenter: I can make something that people want without being part of YC, but the YC networking events are not independently reproducible. Many people say that higher education is going to lose out to online programs, but that opinion is oblivious to the institutional benefits that universities provide. YC is becoming a similar institutional organization, where membership provides value independently of the reason for membership. That has interesting implications, as pg has said that Harvard/Stanford/MIT YC applicants statistically do no better than others. I would be very interested in a comparison of YC's output to similar programs (TechStars) to see if YC has succeeded in attracting / developing a statistically "better" population, or if YC membership benefits are being squandered on an arbitrary few. There is a benefit to having a trusted crowd, but there may be a better way to decide who is "in". OTOH, it is good business for YC to nurture companies that it has invested in.

e1ven 17y ago

I can't say I agree at all. People can create a startup for lots of reasons- Wanting to change the world, wanting to make a lot of money, wanting to disrupt a market, whatever they want. That's great. I wish them well. YC is one way to get things started. It provides a pittance of money- $15K isn't really enough to fund substantial development, but it's enough to help build momentum. The biggest thing that YC does provide is Networking and advice. Meeting with PG et all is a great way to get good advice on how improve your product, and how to handle the trickier aspects of running a company, such as buyouts, raising additional capital, and the like. But beyond working with the YC staff, one of the other really nice advantages is working with the YC network. There is an ever increasing group of people who have gone through the same process you are- Who know a lot about what you're doing, and often have Great advice on what to do next. To my mind, they're one of the best reasons to join YC. The problem is, like everything else that YC is facing right now, it needs to scale. Kn0thing can't meet with 400 founders to discuss the sale of Redit to Conde Nast.. While it'd be great, that'd be his new full-time job. Holding a conference allows him to tell the same story once, and have everyone hear it. He can take questions, and answer them for everyone, rather than having 25 people ask the same variation of a question over and over. So to your main point- I love the conference idea, and I think it's a great value-add to YC. People might do a startup for any number of reasons, but this increases the value of YC being a part of yours.

jazzychad 17y ago
Yes, I agree with you, however I am speaking from current experience (I'm in the W10 batch and was at the conference last night). The extras are nice perks... very, very nice perks. The networking aspect is incredibly valuable (more so than I had foreseen). Yet, I maintain that those other things won't much matter if you don't prove your salt with your own startup. I was just responding to the "do YC just to get into these conferences" statement. That's all.