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YC sounds amazing from the outside. I'm not a part, nor will I ever be. (I'm an entrepreneur in the software space, but I'm not a technical founder and have no
by scottmagdalein 16y ago
YC sounds amazing from the outside. I'm not a part, nor will I ever be. (I'm an entrepreneur in the software space, but I'm not a technical founder and have no plans to pick up any books on code, which means I'm out of the running immediately...and understandably.)
However, also from the outside, it seems like YC is creating entrepreneurs that experience their first business startup in a dreamworld that doesn't exist anywhere else; a bubble if you will, but not the kind of bubble that pops and brings down an industry...more like the bubble that private school kids experience during high school that sends them into a tizzy when they breathe the free air of college.
What happens to these founders when their first startup fails and they try again in the real world without the thick black book of strategic contacts in PG's back pocket and the guaranteed $150k from Yuri and Co? Starting companies out here in the "ghetto" (where money is earned, not given) is hard.
There is a story that's sitting near the top of HN right now that says YC is like a bootcamp for founders. That's a joke, right? I'm pretty sure it's more like summer camp for founders...or maybe a gentleman's club for founders where the sexiest startups dance on stage and investors try to stick money in the g-strings of the founders.
So, getting more to the point, I'm less concerned about what Y Combinator will look like in 3 years and more concerned for the founders that fail on round one and don't have the cushion of YC's couch to sleep on while they dream up their next big idea. But YC will most likely be exactly what PG wants it to be in 3 years, just like it always has been.
- HeyLaughingBoy 16y agoFallbackPlan == getARegularJob();
- jayzalowitz 16y agoThis just became my Facebook status.