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From the sidelines it seems like "scaling YC" is similar to "scaling MIT/Harvard/Stanford degrees". Pretty good for the masses who can access it, but bad for al
by rfrey 6y ago
From the sidelines it seems like "scaling YC" is similar to "scaling MIT/Harvard/Stanford degrees". Pretty good for the masses who can access it, but bad for alumni.
The early value of YC as I recall (I got rejected from the first three batches IIRC) was that it pulled back the curtain on the VC ecosystem, and transferred some power from the VCs to fledgling entrepreneurs.
Over time the value has shifted to 1) signalling credibility and 2) membership in a powerful network. That is very similar to something like and MBA from Harvard - you definitely learn tons, but the value of Harvard versus other mechanisms to learn the material.
- omgwtfbbq 6y agoSeems it's the exact opposite scenario? The value of VC was close mentorship and network building and with a mass of companies this will likely be diluted. Companies already out of YC have presumably found product-market fit and secured funding so their YC cachet is already less important. If the actual value of YC is name brand recognition maybe that brings up an important question about its utility.