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I'm wondering if this is related to scaling Startup School. A clear business purpose for YC isn't visible in startup school, yet--could this be related?
by ericb 9y ago
I'm wondering if this is related to scaling Startup School. A clear business purpose for YC isn't visible in startup school, yet--could this be related?
- tptacek 9y agoThe article says it's for Continuity Fund, which does investments in YC startups (and, apparently, non-YC startups now as well).
- ericb 9y agoShortly after that, it goes on to say they are all being merged, so I don't put much stock in that as an indicator of the purpose.
- tptacek 9y agoIt says Continuity and Early Stage are being merged, not that everything in YC is being merged.
- ericb 9y agoTo clarify, when I said "everything" I meant stage-wise, early and late are being co-mingled, which to me, implies that this isn't necessarily related to continuity, which is late stage. I'm not trying to imply that the overall corporate structure is changing. I was assuming that startup school would fall under the early stage rubric, but maybe not?
- tedmiston 9y agoIIRC YC does not invest in startup school companies at all (but invites them to apply for YC Core as they do any startup).
- tommynicholas 9y agoI think it's about making money by investing in companies they think could be big but maybe I'm crazy.
- arikr 9y agoExceptionally doubtful. My guess is that this is about monetizing YC. YC Core is relatively illiquid, while a $1b fund provides ~$20 million per year on management fees to be used for operating costs/salaries.
- a13n 9y agoBusiness purposes for startup school: - International brand awareness, establishes them as a thought leader. Attracts entrepreneurs from all over the world to YC Core. - Data. Every startup posted weekly metrics and they were segmented into category: AI, B2B, etc. This can be useful to choosing which categories to invest heavily in, and they can tell their alums what's hot. - Makes their market grow faster. The more great startups out there, the more successful YC will be.