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"Y Combinator started the year before us, and it’s the same genre, but under the microscope, we could not be more different," said Mr. Cohen. "The fundamental d
by jot 15y ago
"Y Combinator started the year before us, and it’s the same genre, but under the microscope, we could not be more different," said Mr. Cohen. "The fundamental difference between us and the other accelerator programs is they have a black box, while we have open sourced our model."
TechStars and YC are certainly different but having read:
What Happens At Y Combinator: http://ycombinator.com/atyc.html http://ycombinator.com/atyc.html
and the TechStars equivalent:
Do More Faster:
http://www.domorefasterbook.com/ http://www.domorefasterbook.com/
YC doesn't seem like any more of a black box than they are.
- mkrecny 15y agoCohen is referring to the fact that TechStars is essentially a franchise and YC is not.
- jedc 15y agoAnd that the first month of TechStars is a lot of back-and-forth, matching startups with mentors and mentors with startups. Where all three months of YC is build, build, build. (And getting ready to demo.) To stretch an academic metaphor, TechStars reminds me of a residential college (where you do everything with your cohort) and YC reminds me of the traditional Oxbridge model (some lectures, lots of independent study and regular one-on-one sessions). Neither is particularly "right" or "wrong", they're just different models.