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His view is that there will be two accelerators left in the world – YC and the few that manage to survive on investing in startups created by the people who did
by malanj 12y ago
His view is that there will be two accelerators left in the world – YC and the few that manage to survive on investing in startups created by the people who didn’t take it into YC.
It seems strange that he's focusing on YC if he's based in the UK? I'd imagine that YC has very limited reach in the UK. My understanding is that the startup ecosystem in the UK and Europe is still very underdeveloped (i.e. lots of opportunities for funds) so worrying about competition on a different continent seems unnecessary
- neil_s 12y agoIt's funny that you're commenting on HN, which is just one of the tools YC uses to capture a global mindshare. Aspiring entrepreneurs around the world now know about YC's track record, so it is kind of hard to justify choosing say Techstars UK or Techpeaks if you also get admitted to YC. The startup ecosystem is indeed not as mature in UK/Europe as it in the Valley, but not for lack of informed, aspiring entrepreneurs, but lack of accelerators and funds that are as reputed as YC.