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I had a side project that was meant to be an “IMDB of everything”. For my initial focus, I targeted YC, its companies and members. This involved looking at a lo
by chaostheory 3y ago
I had a side project that was meant to be an “IMDB of everything”. For my initial focus, I targeted YC, its companies and members. This involved looking at a lot of LinkedIn profiles and recording their alma mater because I wanted to give credit to organizations as well and not just individuals. That’s how I came to that conclusion.
The result surprised me as well but it also makes sense. Investors would be more eager to invest if the founders were already part of some of their networks. People from these schools also tend to be more inclined to be higher achievers than other places on average.
The only time where there was more educational diversity was probably only during the 1st two years of YC.
Has it changed in recent years? I would rather be wrong on this one.
- vertis 3y agoAssuming it's true/accurate it seems like the kind of research you should share (for free or otherwise) with YC, because it seems like the kind of bias that they would be interested in correcting for. Not just from an equality perspective, but also that good ideas and founders can come from anywhere. Top Schools are going to produce one type of founder and idea. People that have walked different paths, another.
- chaostheory 3y agoI’ll see if I can scrounge up the data. For some years, I had the entire batch covered, but most had holes since not everyone had a LinkedIn account. Unfortunately, the more recent the years the less the data. Personally, I don’t see anything wrong with what YC is doing. Startups are hard enough as is, and they found a formula that works consistently.
- vertis 3y agoDang going around saying, "no no apply anyway" says to me that even if it is in that state, that's not what they want. As a unknown university dropout (2001) I wouldn't feel intimidated to apply, and may well go after the next batch (have just found a cofounder). I have to trust that they'll evaluate me on merits rather than prestige.
- chaostheory 3y agoThat’s the thing. They were clearly judging people on merits if you look at the founders closely. They just all happened to have graduated from really good schools.