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I would imagine so. a) Almost all of the other incubators are just awful. Either they are predatory, ineptly managed or simply not well capitalised enough to o
by threeseed 2y ago
I would imagine so.
a) Almost all of the other incubators are just awful. Either they are predatory, ineptly managed or simply not well capitalised enough to offer a competitive product.
b) YC is able to rest on its laurels i.e. they can/do market how well AirBnb, Stripe etc have done. And so their funnel of talent is by far the best.
c) That said, YC is the worst I've ever seen it. And Garry Tan is mostly to blame although it's been trending downwards for a while. It's now as if Jake Paul ran an incubator: very hype driven, cynical, focused on easily exploitable young 20s males.
- Lionga 2y agoYC has probably become worse then most of the other (really bad) incubators Started with Sam now with Garry Tan it is really going in the gutter.
- bobxmax 2y agoHow, exactly?
- bobxmax 2y agoWorst based on what, exactly?
- threeseed 2y agoIf you look at the batch data [1] it is very clear that there is either an investment thesis or some inherent bias in how they choose startups. Since Garry Tan took over it is now heavily favoured towards (a) SF based, (b) young, (c) AI centric. And if you look at the partner YouTube videos you see why. There is a concerning lack of diversity in how they see the world i.e. they are all very much the e/acc types. [1] https://www.walturn.com/insights/in-depth-analysis-trends-in-y-combinators-winter-2024-batch-and-historical-comparison https://www.walturn.com/insights/in-depth-analysis-trends-in...
- bobxmax 2y agoHow is that worse, as a VC firm? If I was betting on technology right now, I would bet on SF-in person teams with young founders and a focus on AI. Sounds like the perfect target.
- threeseed 2y agoI have zero issue with YC's investment thesis. I have an issue with the way they continue to market themselves as being altruistic and a defender of startup founders everywhere rather than your run of the mill predatory, self-interested SF VC.
- bobxmax 2y agoBut again, what exactly is it about their approach/thesis that's "predatory"?
- pockmarked19 2y agoI might regret saying this here, if it causes a negative change, but I find that a lot of the text materials YC and startup school have retain a lot of PG-era advice and can be a goldmine of wisdom. Most of the negative influence of post-PG operation has been on the video and audio content marketing side of things (and of course, the accelerator itself). Perhaps it is just harder to have certain things come across as sincere in text format.