Re:Capital Factory - Austin-based YC Style Incubator
by anamax on Friday January 30, 2009 @07:38PM
(#459005)
> I just don’t think they have the key to startup success.
Nobody said that YC had "the key".
They said that YC involvement (1) correlates with startup success and (2) recognized as such.
YC is too small a factor in the market to say that lack of YC involvement has any meaning and no one has said that it does.
Re:Capital Factory - Austin-based YC Style Incubator
by noname23012 on Friday January 30, 2009 @10:52PM
(#459194)
You must have misread the comment. He said the two different comparisons were apples and oranges, not YC and TechStars.
I’m one founder who has great admiration for YC, but I just don’t think they have the key to startup success. I think this should be clear in all HN readers mind despite the hype around here. Ultimately it will serve the startup world very well that YC get competitors, because no matter their commitment they will not spot all future success.