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Our growth is entirely a function of the growth in applications. So we don't have much choice about our growth rate. To grow faster we'd have to fund people
by pg 15y ago
Our growth is entirely a function of the growth in applications. So we don't have much choice about our growth rate. To grow faster we'd have to fund people we thought would fail, and to grow slower we'd have to reject people we thought would succeed. Either would be painful.
- netcan 15y agoWas the borderline rejected application in your 1st or 2nd years indistinguishable form this year's, in terms of quality?
- pg 15y agoThe quality of the applicants has been slowly increasing. But we are also slowly becoming less credulous.
- robryan 15y agoAn interesting metric to look at would be how many borderline rejected founders are going on to achieve valuation x compared with companies funded. Of course though the YC program itself introduces another variable into a measure like this.