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Ask YC: How is the economic slump impacting YCombinator?
I was wondering how the economic slump is impacting operations at ycombinator. Applicants or possibly the operation of ycombinator itself.
- davidw 18y agoWell, the winter session will be held at the Compound in an undisclosed location in eastern Montana, but aside from that, nothing.
- steveplace 18y agoSee, the 15k in capital will be given out in denominations of canned food.
- vaksel 18y agoI doubt its impacting them that much. I mean its only 15 grand. Maybe the YC graduates will have a tough time getting funding...but the actual program will probably operate as usual
- jedc 18y agoSmart angels and VC's will certainly still be investing. I would guess they'd be looking more favorably at companies that have a clear business model, but they're always going to take chances on interesting ideas/technology/people.
- pg 18y agoWe're not planning to do anything different, and so far the number of applications is about what it usually is.
- jdavid 18y agothe money has to go somewhere, and alot of people are telling you to park it somewhere for 5 years. what better place is there to park some equity than in a new startup?
- deleted 18y ago[deleted]
- MicahWedemeyer 18y agoBullets and diesel fuel. Hmm...there could be a startup idea in there somewhere...
- dangoldin 18y agoDon't forget the alcohol. Supposedly alcohol was one of the few good investments during the Great Depression, despite Prohibition.
- cstejerean 18y agoWhy diesel?
- graemeklass 18y agoWe'll be still applying for the next round. If we put in the hard yards now, we will be in a great position when the economy picks up again.
- agentbleu 18y agorecessions are a great time to start up startups