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These sorts of additions to the YC team provide a great example of how YC will scale its model. There's so much shared knowledge and know-how among the alumni a
by inmygarage 15y ago
These sorts of additions to the YC team provide a great example of how YC will scale its model. There's so much shared knowledge and know-how among the alumni and that's what will enable YC to create hundreds of companies a year without sacrificing quality.
- loganlinn 15y agoFunny you mention the word alumni, because it made me think of the operational structure and salability of a fraternity where past members serve the same positions that once served them.
- jurjenh 15y agoThis kinda looks like an apprentice-ship training system! The master adviser trains up a few keen trainees, these then in turn become masters who train more apprentices etc... Maybe it IS a pyramid scheme all along! I did have my suspicions with the recent discussion / evaluation of YC performance.
- justin 15y agoA pyramid scheme is a zero-sum game where wealth accrues up the pyramid in exchange for promises of future riches to the new recruits. YC startups thus far have been a positive sum game to the tune of $4 billion. Additionally, new YC companies aren't required to pay anyone for the things YC provides (as opposed to a pyramid scheme).