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A comment on I Am Sam Altman, President of Y Combinator. AMA. Parent comment

Re:I Am Sam Altman, President of Y Combinator. AMA by danieltillett on Friday March 18, 2016 @07:57PM (#11316294)
Do you have any evidence that the hit rate would be close to zero if you invested in founders with just a concept?
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Re:I Am Sam Altman, President of Y Combinator. AMA by pjlegato on Tuesday March 22, 2016 @07:04PM (#11340655)
Yes. Y Combinator, which (very unusually) funds people with no track records and just a concept, has had only two really big successes (AirBnB and DropBox) in 11+ years and close to a thousand companies in the program.

http://yclist.com/

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