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This is a fantastic article with a lot of in-depth interviews and analysis. This is an example of what tech journalism should be. Another note: the beauty of Y
by Mystalic 14y ago
This is a fantastic article with a lot of in-depth interviews and analysis. This is an example of what tech journalism should be.
Another note: the beauty of YC isn't that Paul & co. pick home runs every time -- they don't -- it's that they pick teams that eventually hit home runs. Justin.tv is doing okay, but YC's investment in Justin in 2005 has netted it Socialcam (acquired for $60M) and Exec. YC's investment in Reddit also netted them Hipmunk.
And I'm only scratching the surface here -- YC founders always recruit great people into the YC program.
- espadagroup 14y agoI've been curious about this, is it definitive that YC investments pass through like this, i.e. from Justin.tv to Socialcam and Exec?
- Mystalic 14y ago#1 way to get an interview: recommendations from other YC founders. Not just tepid "I know this person" but "I'm putting $100k down on this team."
- tomasien 14y agoExec and Socialcam ARE YC companies, the investments didn't pass through. Those teams actually did YC, which they maybe wouldn't have (who knows) without Justin Kans first startup.
- codex 14y agoIsn't this how all VC deals work?