3 ms·
At this point pg’s articles have a huge survival bias, it’s really hard to know. The only way to know is YC valuing each company on demo day 1, 5 and 10 years
by nojvek 6y ago
At this point pg’s articles have a huge survival bias, it’s really hard to know.
The only way to know is YC valuing each company on demo day 1, 5 and 10 years in the future, publicly keeping a record of predicted valuations and their hypothesis for their model Waiting 10 years and regressing to see if their model made the correct predictions.
It could very well be that YC could just shoot money in dark and by the mere fact of being where talent and VCs are, companies turn into unicorns out of sheer luck and timing. We don’t know.
The YC process isn’t scientific, or at-least not open to scientific scrutiny.