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YCombinator works in very mature and evolved market/ecosystem where efficiency and filtering provides a major advantage as there is an oversupply of decent conc
by codelust 15y ago
YCombinator works in very mature and evolved market/ecosystem where efficiency and filtering provides a major advantage as there is an oversupply of decent concepts. Thus the money invested itself is only a relatively minor factor, compared o the speed up that YC brings to both companies and investors.
India is not that evolved and there is a shortage of good ideas. Even when you get good ideas you may not have a market to sell it to, thus making it necessary that you have more than a YC-level round to get it going.
The McDonalds comparison is valid only to an extent. They did not launch in India with funding the size of YC round, which is my point in the previous paragraph - it needs a lot of money, you will often be opening up markets on your own and that is not cheap.