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It will be interesting to see how YC continues to evolve. In the early days it seemed like it was all about early, early investing (come to San Francisco and bu
by bunkat 13y ago
It will be interesting to see how YC continues to evolve. In the early days it seemed like it was all about early, early investing (come to San Francisco and build your product, we're betting on you as a founder) to today where 50% of the open slots are no longer even available to these types of startups since they are taken by established companies.
Seems similar to how things like the Olympics evolved. At first participants had to be amateurs but later they started letting in the professionals and the amateurs could no longer even qualify. Good to see that there is a concerted effort at YC to continue to fund the amateurs but I can only assume that will be harder and harder to justify in the future.
- paul 13y agoYou shouldn't think in terms of "open slots". We accept all of the companies that seem like good bets, and we don't know how many that will be until interviews are complete. Teespring coming in with a million in revenue didn't push out some other pre-revenue startup.