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YC is slowly drifting away from its original mission. I think that they tend to fund people who they think will have the highest chance of success. You end up
by gmonaco 13y ago
YC is slowly drifting away from its original mission.
I think that they tend to fund people who they think will have the highest chance of success. You end up with priorities like:
1. Previous successes
2. Company with traction
3. Employee at Stripe/Google/Apple/etc
4. Smart MIT/Harvard/Stanford student
5. Misc. high magnitude achievements
I think what you're seeing might be a higher number of 1-3 applying to YC, not leaving much room for 4 and 5. The four and fives who do get accepted are extraordinarily impressive.
- deanly 13y agoI agree with you because (afterall) they aren't a charity. They makes money by investing early in these start-ups, so they need to focus on bringing people through their program that have a higher chance of success.