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Replying while somewhat under-slept here, but I've been taking the course and from everything seen so far Startup School is an excellent step in the right direc
by dzink 9y ago
Replying while somewhat under-slept here, but I've been taking the course and from everything seen so far Startup School is an excellent step in the right direction. The world today needs more people solving the problems they see in the world, instead of waiting to make enough money in a job that may be automated soon enough, or relying on benefits and insurance that can be ripped apart by a politician's pen. Building something from scratch is hard, and veering off-road is obviously easy (going to press to early, raising huge amounts, or not raising when you have a viral product, being scared away by a patent troll, hiring people for the sake of headcount, you name it). Compound the problems you have with additional regulatory burdens in other countries, and it can be downright impossible to make something new (vs starting another store, or restaurant).
YC tries to make it as simple as possible to make the life of ENTREPRENEURS survivable(Not just VC-fundable businesses). If that wasn't the case, Startup School would include an investment that gets you into the feedback loop of having to produce returns for someone. Not asking for equity is a great feature, because it encourages experimentation and provides railings to keep as many of these experiments on the lane that gives them room to validate and less risk of predictable failures. School may even be the wrong term here, I would call it an Apprenticeship, because you are practicing and mastering your craft with mentors and peers in practice.
This Apprenticeship for Entrepreneurs, crafted by YC, needs to spread with as much quality mentors and talent, as is available, and it needs to have proper funnels doubling down on people who strike gold by meeting a high-demand unmet need. Startups at advanced stages should more qualified support and more funding for equity. (Right now that step is YC Core)
Do that across any country and market segment and you won't need to worry about Jobs automation. Humanity will have an efficient method to create as many entrepreneurs out of Job bleeds as it needs and to lead them into fixing problems that actually need fixing.
- wuschel 9y agoAt its core, YC is a VC entity, and as such is competing for promising investment possibilities. IMHO YC's move to "accept 10K new companies" is a smart attempt in attempting to extend their reach to get the first pick at the commodity. We will see if it will work out. Either way, it is great to see YC to lead the way - they have done a lot for the community already. Disclaimer: Been once in that orange place in Palo Alto, and I am not a fan-boy. However, I do remember the dark ages around 2005, when there was nothing in Europe that was even worth to compare to this accelerator program. YC has greatly helped to change the landscape.
- tmaly 9y agoI am curious about your experience taking the course. How much time commitment is it? Is it something I can do while working a full time job?
- adentranter 9y agoAt min, 2-4 hours for office hours per week ( within my group at least ) However, at the core they are pushing you to grow and build a company. So within my group there are alot of fulltime founders. Im a fulltime founder myself and have found the experience to be great. Its helped me to ask the correct questions and to move alot faster. Its also great to have a solid network of other founders to chat with. In saying this, there are members within our group whom have full-time jobs and simply work alot after hours on their products.
- tmaly 9y agoI think I can handle 2-4 hours a week. I am really interested in learning from YC how to grow