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It might not be broken, but definitely overlooked. YC is supposed to provide the experience part of the business for these companies, and they are obviously not
by aespinoza 12y ago
It might not be broken, but definitely overlooked. YC is supposed to provide the experience part of the business for these companies, and they are obviously not doing it if there are so many cases like this one.
But to be fair, I don't think any other accelerator focuses on this part. Most, if not all, accelerator only focus on growth and momentum, because that is what ultimately that is what gives the best ROI.
But in most cases, problems like in this particular case become obstacles for growth. I think YC should add provision of experience to the YC formula. What is the point of having so many experienced investors and founders in the accelerator if their companies are so bad at doing real business not only growth.
This is obviously all speculation, since I am not part of the program. Just commenting on the fact there are so many cases like this one in YC companies. So take my comments with a grain of salt.