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The evolution of the university. But I think it's a much better model--it's got just the right amount of decentralization, it attracts the best people in the w
by sama 12y ago
The evolution of the university. But I think it's a much better model--it's got just the right amount of decentralization, it attracts the best people in the world to one place because of the network effect, we pay you instead of the other way around, instead of asking for donations of our alumni in the future we'll let them invest in the ecosystem, etc. And I think you learn far more in 3 months of YC than 3 months of university.
YC is fundamentally just a hub of smart people that help each other.
I think there is some chance that the total aggregate market cap of YC companies by then is approaching the largest market cap of any company (though a safer bet would be 20 years from now). I hope that we'll have funded many of the most important companies, and been able to help them quite a bit. I'm pretty sure the network will be powerful.
I'm sure we'll also do new things that seem crazy today, e.g. a fundamental research lab.
- nickysielicki 12y agoThanks for the response.