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If 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
by threeseed 2y ago
If 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"?