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Yeah, it certainly can be a self-fulfilling prophecy. One of the MIT students we hired eventually left us to create a startup when they were accepted into a Y C
by rented_mule 3y ago
Yeah, it certainly can be a self-fulfilling prophecy. One of the MIT students we hired eventually left us to create a startup when they were accepted into a Y Combinator class. When it came time to pitch for their series A at Andreessen Horowitz, their YC advisor told them to wear their college sweatshirts to the pitch (MIT and an ivy). Apparently, the business plan / product hardly even came up in the pitch - according to one of them, it was just a "bro-down about our schools." They got the money.
- godelski 3y agoI've heard plenty of stories like this actually. It just makes me surprised because it clearly leaves so much efficiency off the table. But then again, the system they're trying to optimize might be about something else...