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"This [free press coverage] is the main value of YCombinator: It provides guidance and media exposure that would otherwise take years to achieve, if at all". N
by webwright 18y ago
"This [free press coverage] is the main value of YCombinator: It provides guidance and media exposure that would otherwise take years to achieve, if at all".
No no no. It truly is not-- it blows me away how often people say this. Look at the traffic graphs of most YC companies and they have a healthy spike around Demo Day and then nearly flatline (and start the rough/long trudge up the hill).
If I were going to put things at the top of the list of values YC provides, I'd say it's:
- the (very) public declaration of intent-- it becomes DAMN awkward to quit once you're a YC company.
- the investor relationships, introductions, and acceleration. It's nearly impossible to pitch 150+ investors at once without YC. That setting results in faster investment oftentimes (but not fast enough).
- YC guidance. They've shepherded 100+ startups thru this now-- they have more data and better instincts about the "right" thing to do than most advisors... And invest way more time.
- The peer relationships. Very few early stage questions can't be (very effectively) answered by the collective wisdom of YC founders (who have all gone thru the same issues).