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> Yet, a deep dive into the data from all of the nearly 5,000 companies YC has backed to date [...] The answer is in that number. YC is a startup accelerator.
by paxys 2y ago
> Yet, a deep dive into the data from all of the nearly 5,000 companies YC has backed to date [...]
The answer is in that number. YC is a startup accelerator. These days they back 500-1000 companies every year. There is no intention of having only one horse in every race. At that volume that is impossible. Their funding model allows them to bet on as many horses as possible to increase their own chances of success.