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So the investor's knowledge about your project determines the founder or teams quality? Sorry, I guess I was a little too cryptic. No, the investor's state of

So the investor's knowledge about your project determines the founder or teams quality? Sorry, I guess I was a little too cryptic. No, the investor's state of knowledge doesn't determine the team's quality; it determines the investor's estimate of the team's quality, and thus the likelihood that the investor will invest. Why is it more likely that you're not good to begin with? Simple: most startups fail. The vast majority, in fact. It doesn't have to duplicate the YC formula in order to be successful Perhaps not, but note that YC has been considerably more successful than most angel groups. There must be something out of the ordinary they're doing.

marcomonteiro 16y ago
Most startups do fail. Most new businesses fail though unfortunately. That doesn't mean the team wasn't any good. There are so many dynamics involved. One of course is the quality of the product being developed by the team. Another being the marketing strategy, including pricing. And another being market acceptance. I'm curious how you're defining YC's success compared to other angel groups. YC is a pretty amazing group, no doubt, but being great at publicizing and helping storm up investor interest in a startup can't be the only measure. Not that I'm trying to insinuate that's all YC is good at because I'm not.