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Beyond the silly graph, it's interesting to note that with each passing year, YC's value proposition shifts more from "We'll give you a bit of money and a lot o
by swombat 15y ago
Beyond the silly graph, it's interesting to note that with each passing year, YC's value proposition shifts more from "We'll give you a bit of money and a lot of good advice and top investor introductions" towards "We'll plug you into the most powerful startup founders network in the world"...
- kd5bjo 15y agoOne of the common strategies for a startup to achieve dominance in a market is: * figure out how to make network effects important, and * build a bigger network than your competitors As YC is essentially a startup in the startup-funding market, it shouldn't come as a surprise to see this happening. As the number of startups YC funds grows, it will become harder and harder for them to keep the quality of their advice high. Without network effects, seed funding companies will eventually reach an equilibrium with each company offering a similar value proposition, and their market share determined primarily by the number and quality of their individual advisors (similar to consultancies). If YC can figure out some kind of systemic competitive advantage, however, they have a chance at dominating the entire market.