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Is more applications necessarily a bad thing though? Sure they are likely to miss more winners and the application/ interview process is going to be even more t
by robryan 16y ago
Is more applications necessarily a bad thing though? Sure they are likely to miss more winners and the application/ interview process is going to be even more time consuming but you would have to think it would translate to a highly quality group.
- jacquesm 16y agoReviewing applications is hard work. YC now has more partners and a larger network of alumni so that should help a bit with scaling this.
- mdda 16y agoAnd that's why this move is a smart one : Yuri has effectively outsourced all the valuation work for the investments onto really smart people that he doesn't have to pay anything for. While that doesn't seem particularly fair to the rest of the VC community, it's exactly analogous to investing in an S&P ETF (which just invests in a whole bunch of stocks at the current market prices).