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When looking at something like joining yc, wouldn't the prestige make it more valuable, because of the extended network and the increased reverence shown to it
by grepthisab 8y ago
When looking at something like joining yc, wouldn't the prestige make it more valuable, because of the extended network and the increased reverence shown to it by outsiders?
- chubot 8y agoI'm sure the network is valuable compared to alternatives, but it's probably diluted now, compared to joining when YC had no prestige. Your peers then would have been the current leaders of YC. Customers don't give you money because you joined a good accelerator, so in that sense the "reverence" is useless. It's also a double-edged sword, because you'll attract people who are looking to ride your coattails, as opposed to doing useful work. Apparently this phenomenon is common enough that PG has a word for it: "playing house". People join YC and play house rather than start companies.