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98% of companies that apply to YC get rejected. Around 10% of startups succeed. Given this, YC rejects about 3 out of 4 successful startups even if their select
by axiom 16y ago
98% of companies that apply to YC get rejected. Around 10% of startups succeed. Given this, YC rejects about 3 out of 4 successful startups even if their selection method is absolutely perfect.
YC is in an amazing position where hundreds (thousands?) of great entrepreneurs come to them, and they get to pick and choose the cream of the crop. So please, don't their their rejection too seriously.
- bearwithclaws 16y agoI would say take their rejection seriously, and let it motivate you even more (now that there's an added incentive to prove them wrong). At least that's what I've been seeing here in HN recently.
- aschobel 16y agoI dislike the word rejection, YC didn't accept my application for funding. The odds were against me as a solo founder, but why not go for it? http://news.ycombinator.com/item?id=159549 http://news.ycombinator.com/item?id=159549 It would have been incredible to learn and grow with YC, but I don't regret the path I took.