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I don't mean to flame or rip on Kul, but why are they letting grads of the program--with successful exits under their belts!--go through YC again? Aren't there
by cwe 15y ago
I don't mean to flame or rip on Kul, but why are they letting grads of the program--with successful exits under their belts!--go through YC again? Aren't there enough awesome teams out there that need this program a first time?
- aaronblohowiak 15y agoYC is not a need based program. That kind of thinking is good for charity, not capitalism.
- skmurphy 15y agoReturn on investment: investing in a known quantity is lower risk.
- deleted 15y ago[deleted]
- pmjordan 15y agoAlso, if you're doing it all over again after a respectable exit, you're more likely to keep going for the really big prize. Which is what investors are after.
- redthrowaway 15y agoIt's not like you graduate with a degree, and doing it again is redundant. It's a focussed networking and product development session where you get some much-needed advance from people in the know as you develop your company. Funding alumni is a no-brainer; it's a much safer investment.
- mchusma 15y agoI'm more curious about why grads are redoing the program...I understand the stick with what works mentality but Y-comb alumni should already have the ears of investors. You don't need yc to focus on product. As I'm writing this I guess the exception might be if your customers are heavily technical, like the heroku for NFC.