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> They'll be so flush with money that the only reasonable way to use it will be to do their own series 'A'. The other way to use that money would be to have gi
by agwa 12y ago
> They'll be so flush with money that the only reasonable way to use it will be to do their own series 'A'.
The other way to use that money would be to have gigantic batches. Remember, pg and sama have said that they're trying to build something akin to a university with Y Combinator. Using their money to do series A's instead (which is what other accelerators are already doing) would just be so conventional, and not what I'd expect from an organization as innovative as YC.
- outericky 12y agoThis. I'd think batches with 200 (500? 1000? startups) will come before Series A's. If only on principle.
- jacquesm 12y agoWith batches that large the positive effects of the 'classes' model will vanish, it will also require a much more efficient way of processing the applications and that will lead to (percentage wise) more rejections of good applicants. YC is as good as they are because they really work hard on processing those applications and even though it is software assisted it is still to a very large extent handwork.
- walterbell 12y agoYes, this leads to philosophical questions about the relative compounding of labor, creativity, capital and future-constraining financial instruments.