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Question for paul: your limiting factor is not money, but time, right? Are you just going to say yes to more interviewees or will you interview more startups? W
by aristus 18y ago
Question for paul: your limiting factor is not money, but time, right? Are you just going to say yes to more interviewees or will you interview more startups? Will YC alums take a more active role between funding and demo day?
- aneesh 18y agoI don't think his time (or really, all 4 YC founders' time) was the reason YC started small. YC is an experiment, and you don't want to fund 100 startups at once if you're not quite sure what you're getting into. Now that they've learned from several cycles, they can start to scale up responsibly. At the same time, you don't want to start too small and inhibit the learning process.
- pg 18y agoBecause of the recession, money started to be the limiting factor. We didn't feel like we could prudently expand when there might not be any more returns for the next several years. We are probably going to invite more startups to interviews, and we definitely hope to accept a higher percentage of those we invite. And yes, we're going to encourage YC alums to help the other startups. They already do a lot, but we're going to set up more ways for this to happen.
- netcan 18y agoIs there an estimate of how long YC needs in order to become self sufficient?
- pg 18y agoIt would be very hard to guess, because it all depends on accidents of liquidity.
- netcan 18y agoIsn't that were numbers start to kick in? 60 per round @ 10 years is 1200 startups? Actually, that brings up a completely different question: Can YC scale to the point where you can't remember most of the names anymore?