[birken]

Guys, this isn't about finding a new funnel for YC to attract new companies, this is about entertainment. Look at the success of the startup podcast [1], which is very high on the itunes charts and not coincidentally just featured a very entertaining story about the early years of Justin.tv. People not involved in startups are very interested in how the whole startup scene works, and this is just another way to give them a glimpse into it.

Is this a good thing to do if you are a startup? Probably not. Any time you are spending preparing or participating in this event is time you aren't spending actually making your company better, not to mention how large a distraction it would be.

1: https://gimletmedia.com/show/startup/