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Most of the companies YC funds (250+ / year) come through its online application [0] without any recommendation. So most YC founders have such a story. After YC
by tlb 8y ago
Most of the companies YC funds (250+ / year) come through its online application [0] without any recommendation. So most YC founders have such a story. After YC, they have connections to all the major investors.
Not many other investors consider cold applications, because it's incredibly labor-intensive to consider them all. It takes a medium-sized organization to make so many difficult decisions.
[0] https://ycombinator.com/apply https://ycombinator.com/apply
- mmt 8y ago> Most of the companies YC funds (250+ / year) That's the numerator, but what's the denominator? I couldn't find any official numbers from YC but some Quora "answers" https://www.quora.com/How-many-people-apply-to-Y-Combinator-each-cycle https://www.quora.com/How-many-people-apply-to-Y-Combinator-... If the 8-9k per batch is to be believed, that could be under a 1% chance for success of a "cold" application and still fall under "most" of the accepted ones. It's also unclear how repeat applications affect the likelihood. That certainly counts as "ever", per the OP's question, but it puts the rarity into perspective.