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I think if you’re young, don’t have an established family and don’t have any real experience as a founder then YC is something that will be an incredible benefi
by crsv 6y ago
I think if you’re young, don’t have an established family and don’t have any real experience as a founder then YC is something that will be an incredible benefit to you on many levels. Once you’re outside of those demographics, the value falls off dramatically IMO.
- drodio 6y agoI sold my last company https://drodio.com/socialize-was-acquired-by-sharethis-heres-what-the-experience-was-like/ https://drodio.com/socialize-was-acquired-by-sharethis-heres... and Armory was my 4th startup. I also probably don’t qualify as “young” having been doing startups since 2000. I found YC to be extremely valuable for all the reasons I shared. A side story: After I sold my last company in 2013, I met a guy (who worked at the acquiring company) that had big startup ambitions. We were on a bike ride one day (probably around 2015) and I told him I was going to apply to YC the following year to do a startup. He scoffed, and said the same things as you above — “YC is for young founders w/o experience.” He said he, too, was going to do a startup, but not apply to YC. Fast forward five years. Armory is growing very fast. My buddy is unemployed after spending $350k of his own money attempting his startup. Was YC the difference? Impossible to say. But I know my story is true, and I’m thankful for the intense focus YC provided — even for a startup veteran like me, with a successful exit, who didn’t necessarily think he needed it.