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It's more like a taste of their own medicine. YC exists largely to con VCs into being attracted to their golden child chosen companies[2], right? YC batches s
by seiji 12y ago
It's more like a taste of their own medicine.
YC exists largely to con VCs into being attracted to their golden child chosen companies[2], right? YC batches spend most of their time a.) making their product and b.) refining their pitches to trigger VC fad likability signals of "yah this be hyper megagrowth companay!" [Reminder: early funding is based mostly around personality and psychology first ("gut feelings")[1] largely triggered by the people factor, and then only company details second since early companies change so much in the long run. You can train people to give better first impression gut feelings to increase their funding chances easier than giving them billion dollar execution capability.]
The focus around "we can teach you to manipulate the VCs by telling them what they want" also has an amusing effect: VCs are pandered to so tightly now with such high quality pitches, they get annoyed if you haven't been perfecting a 90 second pitch for 3 months straight. [Bitterness disclosure: I've been rejected by the people who funded Clinkle. Stab me in the eye with a rusty spoon already.]
So, it only makes sense the base of manipulation also has a phase of pre-alignment too.
But—all is not lost! When any process becomes too manipulation-focused, you can out maneuver the manipulators by being good+sincere instead of weak+manipulative.
[2]: with the side effect of creating an extensive "network of friends"/mafia/collusion-sphere/[union?] so they can collectively kick the asses of People With Money And Power who treat any of them poorly. (but, this also creates a great "Let our powers combine!" capability of getting new things done quickly or helping others in need who are part of the family.)
[1]: Are you under 24 with a Stanford background and were born a white male human person? Step right up for your free money!
- kevin 12y agoThis is so cynical. If you ask any alumni, you'd know that we spend most of the time during the program to tell startups NOT to even think about fundraising. 11 weeks of the program is focused on them talking to users and building stuff. Only the week before Demo Day do we start working with them on their presentations to investors and fundraising strategies. This is because the best way to fundraise is to actually build something that people want and then just show the evidence to investors. I have no interest in helping people manipulate or trick others into giving a startup money. Also, it almost never works. The most persuasive startups are usually the ones pitching the truth. It's also so much easier that way.