4 ms·
YC doesn't scale for students. In fact, no accelerator does (500startups has ~3k investments as well). Accelerators are about relationships, signalling, prestig
by mbesto 4y ago
YC doesn't scale for students. In fact, no accelerator does (500startups has ~3k investments as well). Accelerators are about relationships, signalling, prestige, advisory, networking, etc. The success is asymmetric, because YC is a numbers game - the more bets they make, the higher likelihood they are to succeed.
Many of the negative criticisms here have to do with the fact that there are 4k companies that have gone through YC, and this batch specifically had 400 companies, so it's no wonder there are aspects that are less than ideal.
- mikrl 4y ago>Accelerators are about relationships, signalling, prestige, advisory, networking Interesting to see this after reading the ‘nice vs competent’ threads because everything you mentioned is a soft skill, and correlated with EQ/SQ, niceness and playing of the game. I guess it’s a reminder that there is no objective superior strategy of being nice vs being competent because the game is too complex for that. It’s strategically applying both to increase your own survivability and if you’re so inclined, that of your company too.