Re:YCombinator - A Force to Reckon With, A Model to Replicate
by sethjohn on Monday March 19, 2007 @04:04PM
(#5052)
Higher percentage of success seems like a plausible outcome of the YC model. Everyone involved is clearly committed to something more than the 15-20K. Perhaps that's the advantage of recruiting hackers instead of b-school graduates...it's easier to endow hackers with good business connections than it is to endow b-school types with smartness!?
Another possibility is that because YC tends to form definite relationships with the founders they fund, they can count on the law of large numbers within, not just between, teams. For instance, YC lost money on Kiko, but is also invested in justin.tv--if justin.tv makes it, the YC[kiko folk] relationship could still end in the black.
N.B. This is all complete speculation; any more insight from pg would be appreciated.