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The problem is that many of the things founders assume to be advantages really aren't, or they're not as a significant as believed. In business generally, a lot
by 7Figures2Commas 11y ago
The problem is that many of the things founders assume to be advantages really aren't, or they're not as a significant as believed. In business generally, a lot of people overvalue and place too much emphasis on "advantages" that don't directly influence the metrics that matter, like sales, cost of customer acquisition, churn, etc.
- pbreit 11y agoBeing in the YC family is clearly a meaningful advantage for many/most startups.
- 7Figures2Commas 11y agoYou're entitled to believe whatever you'd like, but if you want to make a convincing argument that being a part of YC is a meaningful advantage, you'll have to explain why, as I previously noted, the success of YC startups basically follows the same power law distribution you see across the Valley.