[beachstartup]

well, hold on, i don't speak for yc, i was just going off of my own hiring experiences and perhaps extrapolating a bit creatively.

but i can read a lot into sama's "not very good" understatement. for a yc (or vc) partner to say that in an actual post is pretty telling.

and of course, my statement about grammar is grammatically wrong. not much changes on forum banter through the decades, does it?

[orionblastar]

A lot of the not very good companies don't have a business plan, aren't organized very well, have issues, are in it for the money but lack experience and skills. They need a lot of help just to get better and I guess they don't have what it takes to get funded.

You don't want to fund a company that doesn't know what they are doing and needs a lot of help to get to that level where they do get funded.

But that is a startup opportunity to help these awful companies get better so they can get funded and then pay the mentors money for the training.

I'm sure they get coffee shops and pizza places apply as well that don't qualify but want to do some sort of cybercafe in their store.