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"I think a top FB/Google tech lead who knows investors who leaves to go do a related startup " I suspect there's a strong selection bias in YC and other incuba
by niggler 14y ago
"I think a top FB/Google tech lead who knows investors who leaves to go do a related startup "
I suspect there's a strong selection bias in YC and other incubators (take dropbox, for which Drew is an MIT grad), which probably makes my request for numbers somewhat foolhardy.
- rdl 14y agoI believe the YC application process is an effective filter, but I don't think it particularly needs to be -- I'd be willing to bet that the marginal admit and marginal reject are close enough in quality that YC and its benefits are a major difference in outcome. (It might be a harder problem than elite college admissions, since while you can pretty readily identify top credentials and signs of failure, successful startups are more frequently hidden behind cosmetic flaws (or personal biases) than successful students are hidden in with C/D students with a bad GPA.) YC has gotten pretty big now relative to a certain part of the startup ecosystem, but look back in 2005-2008 for when YC was smaller, and the success rate of YC companies vs. non-YC companies of that time. It seems pretty good, which warrants the valuations.