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I have also noticed a general trend of less hackers lately. I think there was a temporary surge because the social network movie and all these tech companies IP

by jimhi 7y ago

I have also noticed a general trend of less hackers lately. I think there was a temporary surge because the social network movie and all these tech companies IPOing and making everyone rich that finally died down recently. I think the application rate to Y Combinator itself also flatlined or decreased in the last couple batches

r_singh 7y ago
> I think the application rate to Y Combinator itself also flatlined or decreased in the last couple batches Would like to know more if you have a source.
- jimhi 7y ago
  My source was estimating this with other YC folk, but here is what's publicly known. ~200 companies a batch and supposedly a 2-3% acceptance rate puts it at 6,600-10,000. They stopped updating their statistics: https://twitter.com/sama/status/618247698378985472 https://twitter.com/sama/status/618247698378985472 and https://blog.ycombinator.com/yc-portfolio-stats/ https://blog.ycombinator.com/yc-portfolio-stats/ If it kept growing they would have proudly put that everywhere. At the same time they introduced startup school which got 15,000 applicants, many of whom would have applied to Y Combinator but chose the startup school instead. My bet is it peaked around ~8,500 and decreased when they introduced the startup school program.
  - mvanga 7y ago
    Startup school companies were required to apply to the YC main program in order to be eligible for the $15k grant, and there were 30k companies that were part of SuS in 2019. Also, from the figures presented at the conclusion of the program last year, there were ~23k applications to the 2019 summer & winter batch in total.
    - jimhi 7y ago
      So roughly 10,500 then? These figures were shown at demo day?
      - mvanga 7y ago
        There wasn't a specific breakdown, but I'd guess so. You can find the presentation here: https://www.dropbox.com/s/cq1fqp1zlkza3rf/SUS%202019%20By%20the%20Numbers%20-%20with%20Notes.pdf?dl=0 https://www.dropbox.com/s/cq1fqp1zlkza3rf/SUS%202019%20By%20...
theodric 7y ago
> less hackers fewer hackers
- StavrosK 7y ago
  Now this is pedantry I can get behind.

by jimhi 7y ago

r_singh 7y ago

> I think the application rate to Y Combinator itself also flatlined or decreased in the last couple batches Would like to know more if you have a source.

jimhi 7y ago
My source was estimating this with other YC folk, but here is what's publicly known. ~200 companies a batch and supposedly a 2-3% acceptance rate puts it at 6,600-10,000. They stopped updating their statistics: https://twitter.com/sama/status/618247698378985472 https://twitter.com/sama/status/618247698378985472 and https://blog.ycombinator.com/yc-portfolio-stats/ https://blog.ycombinator.com/yc-portfolio-stats/ If it kept growing they would have proudly put that everywhere. At the same time they introduced startup school which got 15,000 applicants, many of whom would have applied to Y Combinator but chose the startup school instead. My bet is it peaked around ~8,500 and decreased when they introduced the startup school program.
- mvanga 7y ago
  Startup school companies were required to apply to the YC main program in order to be eligible for the $15k grant, and there were 30k companies that were part of SuS in 2019. Also, from the figures presented at the conclusion of the program last year, there were ~23k applications to the 2019 summer & winter batch in total.
  - jimhi 7y ago
    So roughly 10,500 then? These figures were shown at demo day?
    - mvanga 7y ago
      There wasn't a specific breakdown, but I'd guess so. You can find the presentation here: https://www.dropbox.com/s/cq1fqp1zlkza3rf/SUS%202019%20By%20the%20Numbers%20-%20with%20Notes.pdf?dl=0 https://www.dropbox.com/s/cq1fqp1zlkza3rf/SUS%202019%20By%20...

theodric 7y ago

> less hackers fewer hackers

StavrosK 7y ago
Now this is pedantry I can get behind.