News for hackers. Stuff that matters.
Re:YC will accept 10k new companies into its new online Star... by prawn on Tuesday June 06, 2017 @10:46PM (#14503320)
I think this bit is going to antagonise the people you're questioning: "...probably is making the founders rich on the backs of the 99 percent who are so often underpaid". Unless I've missed something, neither Uber or Home Hero are YC companies, and countless YC companies aren't leveraging 1099 contractors in place of employees.

Your question might be better rephrased to something like:

Is there value in Startup School for those aiming for modest growth or to create a lifestyle business?

Re:YC will accept 10k new companies into its new online Star... by hoodoof on Tuesday June 06, 2017 @10:52PM (#14503348)
Is there nothing in between?

lifestyle business

modest growth business

<-- one or two more company sizes in here?

multi billion dollar company

You don't want to say the word "lifestyle business" in any sentence or the VC's will ignore everything else you asked and focus on that. When they hear that word it triggers some sort of "fight or flight" response in the primitive amygdala of the VC, leading them to run away. Pretend you've never even heard of the concept of "lifestyle business", it keeps them happy.

Re:YC will accept 10k new companies into its new online Star... by csa on Wednesday June 07, 2017 @12:53AM (#14503855)
Yes. This area has quite a few private equity-owned companies. It's actually a fascinating space for buying a company, building it up, and then selling it to another company at a healthy markup.
Re:YC will accept 10k new companies into its new online Star... by mbesto on Wednesday June 07, 2017 @01:07AM (#14503879)
100% true - personally worked with ~40 software companies that fit this criteria.
Re:YC will accept 10k new companies into its new online Star... by prawn on Tuesday June 06, 2017 @11:22PM (#14503496)
We're not talking about VCs but freely available courseware. The mentors are apparently YC alumni rather than VCs.
Re:YC will accept 10k new companies into its new online Star... by wslh on Tuesday June 06, 2017 @11:31PM (#14503538)
> Is there value in Startup School for those aiming for modest growth or to create a lifestyle business?

Product/market fit is important even in a lifestyle business. The issue you will have is making your business work at a minimum scale.