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I think there's a lot of truth to what you're saying, and also a fair amount of angst that's pointed the wrong direction. I've never worked with Atrium, but yc
by mrkurt 8y ago
I think there's a lot of truth to what you're saying, and also a fair amount of angst that's pointed the wrong direction. I've never worked with Atrium, but yc was pretty much the ultimate leveling mechanism for founders with no connections.
Yes they get you access to elite networks, but they _also_ level the playing field so founders don't get exploited the way they used to.
And, they're obviously doing well because of it, but I don't think they're perpetuating the elitism. If anything they've lit a fire under other investors asses to get them to start making more objective decisions about funding. There are a bunch of really good seed funds now that are really easy to get ahold of.
- jkarneges 8y ago+1 to joining an accelerator and having them parade you. That's how we were able to raise. Of course, getting into accelerators isn't easy either. As far as I can tell, early stage fundraising for the non-elite is basically random (I consider myself lucky).
- deepnotderp 8y agoSecond this comment. No reason to direct hate at YC, they're a good way to get injected into the silicon valley ecosystem and connections from outside, and they accept people well outside the ecosystem. "Levels the playing field" is a good descriptor for them