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"It's a flaw in society at large, not necessarily with YC itself." YC is getting a big pass here. Just like the grade inflation in those good ole ivy leagues.
by untilHellbanned 13y ago
"It's a flaw in society at large, not necessarily with YC itself."
YC is getting a big pass here. Just like the grade inflation in those good ole ivy leagues.
- mattgreenrocks 13y ago> YC is getting a big pass here. The mistake is to regard YC/SV as disruptive. It isn't; it's about generating excess returns for a bunch of previously successful people. They have zero interest in fixing a broken status quo as long as they can continue to benefit. > Just like the grade inflation in those good ole ivy leagues. I only heard about this recently. The practice is abhorrent and further reinforces the entitlement complexes of some people.
- Iftheshoefits 13y agoI think if YC's mission were to reach out to people who aren't traditionally thought of as "entrepreneurial", but had a bias toward the "pedigreed" people then I could agree. I'm not sure that's the case (in either respect--I haven't actually seen data regarding the provenance of the people who comprise the companies YC has accepted).