If you get into YC and you actually have a product or revenue, it's almost certain that someone else would give you better terms because they care about product or revenue. It's like getting a 1600 on your SATs and going to a school that doesn't check your SATs. Is it the best school for you? Maybe, but prob not.
Obviously a big win can erase a lot of misplaced bets, but I wonder how many of the pure idea, low effort startups ended up reaching major success.
To me it speaks of a non serious/committed entrepreneur, because the amount of cash that Y combinator supplies makes no material difference in the ability to actually bootstrap the project.
I’ve been through multiple YC companies now (arriving right after they were funded) and they all pretty much throw money to these code monkey shops that target YC and work with them.
Not just that but I’ve met “scrum masters” who’s entire schtick was consulting YC firms (or other early stage startups) and brought to the table senior engineers of below or equal to mid level quality.
I’d really hate to see how many founders with good ideas saw there time and effort wasted due to a trusting of firms like these.
Yes. If you compare what you did vs what they did. But really it's like winning the lottery and complaining that some other winner bought less tickets.
Imagine actually getting into YC and turning it down because someone you think is less worthy also got in.
Tbh it sounds quite entitled.
At worst those other companies are unrelated. At best they are inspiring.