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Re:Welcome Peter by ryanSrich on Tuesday March 10, 2015 @10:08PM (#9182115)
Sorry. That was perhaps a poor choice of words. I mostly just meant that older folks might be more inclined to skip YC based on the existing YC knowledge that's freely available.
Re:Welcome Peter by btrautsc on Wednesday March 11, 2015 @10:27AM (#9184216)
The knowledge is freely available, widely shared, and well covered/ commented on by many.

As someone who went through YC at 27, I think the structure, personal input, coaching, and the community (IMO most important) are incredible resources to increase the likelihood of success for your startup.

When you are creating a startup (defined as company hoping to experience hyper-growth/ hyper-impact), it is so hard that you need to accumulate as many resources and success factors as possible.

Knowledge is a huge portion of that - but YC packages significantly more advantages not only into ~3 months but also into the constantly evolving network it has cultivated.