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The problem with this is that you don't know before you accept them what the top n startups will be. Thus, it's a significant decision when choosing how many s
by jedc 17y ago
The problem with this is that you don't know before you accept them what the top n startups will be. Thus, it's a significant decision when choosing how many startups to accept. More startups means a better chance at a big payoff, but with less time devoted to each.
What's important from the point of view of a seed accelerator program founder (versus a startup founder), is what they will know before they accept companies into the program. The "top n" won't be immediately obvious.
- philwelch 17y agoI'm somewhat trivializing the selection process, but it's probably more fair to compare the top n startups of YCombinator with the top n startups of TechStars rather than the total program aggregates. One of the things we're evaluating these funds on is their very ability to pick the top n--so a larger fund is at a disadvantage if you compare their median n against a competitor's top n.