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Good points. > there is a very large amount of money available for pre-vetted deals This is part of the point I was making. Which is that there is an obvious
by akbar501 12y ago
Good points.
> there is a very large amount of money available for pre-vetted deals
This is part of the point I was making. Which is that there is an obvious opportunity for a company to come along and commercialize this demand. I'm not saying it's easy, just that it would be lucrative. More specifically, the demand volume far exceeds the amount of supply that YC or any single organization can produce. YC is benefiting from the demand b/c they produce a high quality product (pre-vetted startups). However, the demand would exist with or without YC...just that without YC the supply/demand imbalance would be worse.
If YC could double its output while maintaining quality, or if a 2nd organization/company comes along and creates high-quality, pre-vetted startup supply then they too will enjoy high demand.
- jacquesm 12y agoYou're missing one crucial bit I think. The vetting is the hard part. And YC has that down to an art form, they've crunched the numbers on thousands of applications, have built up a large network of alumni who are very smart individually and scary smart collectively. This is one very tough act to follow. Not that that should stop you from trying.