Y Combinator Traded Prestige for Growth

Re:Y Combinator Traded Prestige for Growth by toomuchtodo on Monday September 30, 2024 @10:46AM (#41697744)

Great question; the latter, because as you mention, YC was a product of a moment in time and that moment has passed, but during that time horizon, they were very successful (imho).

Edit: YC says "Build something people want." and so I'm going to riff off of that in a bit of a meta way: "Support experiments worth conducting." The accelerator bit comes in once you've reached product market fit and need fuel for the rocket ship, but until then, you're just running an economic science experiment.

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Re:Y Combinator Traded Prestige for Growth by neilv on Monday September 30, 2024 @12:07PM (#41698779)

AFAICT, as much as YC was a child of their time, they (and PG) were also one of the parents of our current time.

I'm guessing it was inevitable that Wall Street would take over the field, and turn it into a machine.

And therefore it was also inevitable that people who, in the past, would've gone to Wall Street, now would flow into the space, and take it over.

But YC did put their own spin on that, in which the traditional affluent-family, prestigious-school kids could also be computer nerds.

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