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It's now overrated anyway. You can hear it from many people unaffiliated with YC, but even some recent YC founders. It's now mostly "YC stamp of approval" that
by kozikow 8y ago
It's now overrated anyway. You can hear it from many people unaffiliated with YC, but even some recent YC founders.
It's now mostly "YC stamp of approval" that increases your brand and access to good investors on demo day.
Everything else (e.g. educational value, sense of community) gets degraded due to huge batch sizes (294 founders in S17) and most of the things YC teaches becoming public knowledge.
- NetOpWibby 8y agoIsn’t that a goal though?
- Clanan 8y ago> It's now mostly "YC stamp of approval" that increases your brand and access to good investors on demo day. I have experience with small business, although not with YC. Those benefits are MASSIVE and should not be underestimated.
- kozikow 8y ago> Good investors on demo day IMO investors ability to invest in startups have improved. If top investors are not able to find you on your own, you are not likely to get the check from them anyway. I speak it from position of not going to YC, but doing in-person pitches with half of "top 10" VCs, and some of those with partners. The only exception may be if you are not outside of current investment trends, but you are making lots of revenue. In such case you probably shouldn't get VC money anyway. > YC stamp of approval That would indeed have helped in some situations. It's case by case call whether it's worth the equity. Just be sure you don't do it for vanity to show off your friends that you got into YC.