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Also, ~90ish of those 100 successful ones have come from batches pre 2014, so there is that… ;-)
by marvindanig 7y ago
Also, ~90ish of those 100 successful ones have come from batches pre 2014, so there is that… ;-)
- soneca 7y agoIf you define "success" as market valuation, assume that market valuation grows with time for successful companies and YC select companies with a bias for companies that are not successful yet... The fact that most successful companies come from older batches is just a description of their business model right?
- marvindanig 7y agoFair point! I'm sure there will be some run off successes among the current crop as well, but so far, my sensibilities tell me that there has been a drop in quality—and in general the appetite for risk taking within the YC has gone down substantially. Without the data of course it is hard to tell with 100% confidence.
- soneca 7y agoMy sensibilities are very different from yours. I see some crazy risk biotech getting selected, not mention some crypto stuff that a lot of people claims to have near zero value. Even the regular software ones seems as risky as always. My impression is: same quality, same risk level, more companies.
- tnolet 7y agoYeah, growing a business takes time.