More Money (for Y Combinator) Means More Startups

Posted by zaveri on Wednesday May 04, 2011 @12:58AM
from the gigaom.com dept.

http://gigaom.com/2011/05/03/more-money-for-y-combinator-means-more-startups/

( 6 comments | 39 points | on HN )

Re:More Money (for Y Combinator) Means More Startups by pg on Wednesday May 04, 2011 @01:03AM (#2512854)

"boosted applications by 40 percent for the upcoming class"

There is some kind of misunderstanding here. On-time applications for s2011 were up by 84% from w2011.

[ Parent | on HN ]

Re:More Money (for Y Combinator) Means More Startups by zck on Wednesday May 04, 2011 @09:08AM (#2513667)

How does it compare to s2010? I wonder if there are more applications for summer, because you can apply for after graduation, rather than in the middle of the school year.

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Re:More Money (for Y Combinator) Means More Startups by pg on Wednesday May 04, 2011 @10:09AM (#2513861)

A bit over 2x.

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Re:More Money (for Y Combinator) Means More Startups by jedc on Wednesday May 04, 2011 @05:19AM (#2513264)

Wow... I don't envy the work it takes for you and the YC partners to review applications, particularly when the numbers make such a step change.

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Re:More Money (for Y Combinator) Means More Startups by sid_g on Wednesday May 04, 2011 @05:20AM (#2513267)

Does this also make the startup bubble a little bigger? I mean there are quite a few now Dreamit hackny. Not that these are not good. Both have produced great companies, but as more people invest and hop on the startup bus what will happen?

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Re:More Money (for Y Combinator) Means More Startups by rms on Wednesday May 04, 2011 @06:20AM (#2513360)

The bubble is not at all systemic. The most likely consequence is that lots of angel investors and VCs are going to lose money and then there will be a downturn in investment for a while. It's very cyclical.

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