5 ms·

My guess is that about 50% are repeat founders and a majority of the rest are FAANG, Ivy League, or Stanford alums. (This is a genuine guess, not a knock on YC

by mjirv 4y ago

My guess is that about 50% are repeat founders and a majority of the rest are FAANG, Ivy League, or Stanford alums. (This is a genuine guess, not a knock on YC)

dzink 4y ago
44% of Meta employees are women. 51% of Stanford Undergraduates are women. 51% of Harvard Undergraduates are women. MIT is close to that ratio as well. 49% of new businesses in the US in 2021 were started by women. 48%+ all US businesses are owned by women.
- carabiner 4y ago
  Ok?
  - boplicity 4y ago
    > 15% of the companies have a woman founder and 9% of the founders are women.
- kjksf 4y ago
  Pretty sure that in all those cases 10-20% of software engineers are women and you get 50% because in other jobs (marketing, hr) 80% are women. You would have a point about discrimination if 50% of applicants had women but e.g. only 15% of those were accepted. This data is not published but I highly suspect that 15% of applicants included a woman and 15% were funded.
- dusklight 4y ago
  Can I get a source on this please? In particular I would be curious about what is the breakdown in the % of female engineers and female management in Meta.
- Loeffelmann 4y ago
  Does women include trans people?
- paxys 4y ago
  50% of the people on the planet are women, but that is a meaningless statistic because we are specifically talking about tech.
carabiner 4y ago
The truth behind many "self-made" successes: Private school -> Legacy Ivy admission -> Nepotism hire -> Seed capital from family -> Family network -> Personal assistance -> Strong belief they're "self-made" Credit: https://twitter.com/ethicsinbricks/status/1428711716876136455?lang=en https://twitter.com/ethicsinbricks/status/142871171687613645...
- seibelj 4y ago
  I have absolutely no problem with helping my children get every possible advantage I can muster. My family is an institution and their upbringing, education, personal satisfaction, and financial situation is cared for deeply by the family - parents, grandparents, aunts and uncles. I will do everything in my power to give my children all of my financial resources when I die (and prevent the state from taking it) and ensure their comfort to the best of my ability. Those without children cannot understand the bond between parents and children. The thought of them being destitute when I could have prevented it is painful. I will use all of my business and personal connections to help them and have zero qualms about doing so. Do you know why so many billionaires came from rich families? Because their great grandparents helped their grandparents who helped their parents who helped them. This is not an anti-pattern, this is called good morals, a belief in family, and strong dedication to the next generation. You should be totally free to die and donate all of your assets to the government or total strangers. I myself will give every possible penny to my children so they can thrive. I pray everyone can make that choice freely and not be coerced into a decision they didn’t want.
  - carabiner 4y ago
    That's fine. Just don't tell everyone that your kid is "self-made." Tell them what you did to help them as you did just now, and that not everyone is so privileged.
  - enviclash 4y ago
    Yes, family is an institution, and what you describe is beautiful dedication. Also society is an institution, and as they say "it takes a village to raise a child".

by mjirv 4y ago

My guess is that about 50% are repeat founders and a majority of the rest are FAANG, Ivy League, or Stanford alums. (This is a genuine guess, not a knock on YC)

dzink 4y ago

44% of Meta employees are women. 51% of Stanford Undergraduates are women. 51% of Harvard Undergraduates are women. MIT is close to that ratio as well. 49% of new businesses in the US in 2021 were started by women. 48%+ all US businesses are owned by women.

carabiner 4y ago
Ok?
- boplicity 4y ago
  > 15% of the companies have a woman founder and 9% of the founders are women.
kjksf 4y ago
Pretty sure that in all those cases 10-20% of software engineers are women and you get 50% because in other jobs (marketing, hr) 80% are women. You would have a point about discrimination if 50% of applicants had women but e.g. only 15% of those were accepted. This data is not published but I highly suspect that 15% of applicants included a woman and 15% were funded.
dusklight 4y ago
Can I get a source on this please? In particular I would be curious about what is the breakdown in the % of female engineers and female management in Meta.
Loeffelmann 4y ago
Does women include trans people?
paxys 4y ago
50% of the people on the planet are women, but that is a meaningless statistic because we are specifically talking about tech.

carabiner 4y ago

The truth behind many "self-made" successes: Private school -> Legacy Ivy admission -> Nepotism hire -> Seed capital from family -> Family network -> Personal assistance -> Strong belief they're "self-made" Credit: https://twitter.com/ethicsinbricks/status/1428711716876136455?lang=en https://twitter.com/ethicsinbricks/status/142871171687613645...

seibelj 4y ago
I have absolutely no problem with helping my children get every possible advantage I can muster. My family is an institution and their upbringing, education, personal satisfaction, and financial situation is cared for deeply by the family - parents, grandparents, aunts and uncles. I will do everything in my power to give my children all of my financial resources when I die (and prevent the state from taking it) and ensure their comfort to the best of my ability. Those without children cannot understand the bond between parents and children. The thought of them being destitute when I could have prevented it is painful. I will use all of my business and personal connections to help them and have zero qualms about doing so. Do you know why so many billionaires came from rich families? Because their great grandparents helped their grandparents who helped their parents who helped them. This is not an anti-pattern, this is called good morals, a belief in family, and strong dedication to the next generation. You should be totally free to die and donate all of your assets to the government or total strangers. I myself will give every possible penny to my children so they can thrive. I pray everyone can make that choice freely and not be coerced into a decision they didn’t want.
- carabiner 4y ago
  That's fine. Just don't tell everyone that your kid is "self-made." Tell them what you did to help them as you did just now, and that not everyone is so privileged.
- enviclash 4y ago
  Yes, family is an institution, and what you describe is beautiful dedication. Also society is an institution, and as they say "it takes a village to raise a child".