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This seems naive. There are those with power, who not only make decisions based on their own work but also by setting precedent. If you look at other accelerato
by jordo37 13y ago
This seems naive. There are those with power, who not only make decisions based on their own work but also by setting precedent. If you look at other accelerators and how many of them follow the practicies and forms put down first by YC then its obvious that the impact from YC is large, both in the large number of startups they directly touch (especially in the last several years) and the number of industry wide practicies they influence from the use of convertible notes and now SAFES, to the preference for coder-founders.