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> YC used to be for people who investors wouldn’t normally take a chance on…and imo, it still is. It absolutely is not. The recently released Founders Director
by majani 4y ago
> YC used to be for people who investors wouldn’t normally take a chance on…and imo, it still is.
It absolutely is not. The recently released Founders Directory[1] shows that YC is practically a big tech company now. Most alumni are from FAANG or Ivy League. This was an inevitable result when YC became the most prestigious accelerator in the West
[1] https://www.ycombinator.com/companies/founders https://www.ycombinator.com/companies/founders
- rhtgrg 4y agoThat's why I said in my opinion. Which is to say, in my opinion the opportunity YC presents is more compelling for non-FAANG founders. That doesn't necessarily mean anything for what the demographics actually end up being. I'm sure at least some of those FAANG founders are favoring prestige over a better financial deal.