Re:Y Combinator rejection reasons
by JoeAltmaier on Sunday April 19, 2015 @11:14PM
(#9405962)
Don't be confused about the process. It isn't there to be fair to anyone, or to weed out efficiently, or to give feedback. Its there to maximize the chance that some big winners get funded. The final metric is, do they find and fund big winners? The answer is yes, clearly. Any other criticism is moot.
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Re:Y Combinator rejection reasons
by sparkzilla on Monday April 20, 2015 @12:12AM
(#9406151)
If that was the case they would have eliminated Sniply at the first round. Also, judging from the last batch I don't see many Unicorns.
What good is getting eliminated before than later? They eventually did reject them, all that shows is, they are also humans and not perfect in predicting the future by few questions in the applications.
Re:Y Combinator rejection reasons
by sparkzilla on Monday April 20, 2015 @02:04AM
(#9406417)
Eliminating them earlier would have allowed a better qualified candidate to go through, a benefit to YC and to the other company.
Re:Y Combinator rejection reasons
by jordanthoms on Monday April 20, 2015 @12:34AM
(#9406195)
There won't be many unicorns. They'll be one or maybe two, and it won't be obvious for a few years which companies they are.