[koolkatkool]

Yeah something like 1% have wealthy families and something like 99% don't. YC has always been a program by the upper class and for the upper class.

There's a reason YC doesn't publish economic diversity stats. It would be an indictment of their systemic bias.

You're not better than the all of the 99 other people that didn't go to Yale/YC, you're just lucky that you were granted help instead of them.

And yet it never seems to occur to the "elite" YC team that any of them could've been born on the outside of this class system.

YC, like most class-based institutions, sits on a fortunate while millions are starved for opportunity. The people that receive its help are those that need it least.

Someone with a genuine underdog story needs to create YCs successor. YC is too much the "Harvard of accelerators."

[mwseibel]

I didn't grow up in the 1 percent and the vast majority of people I know in YC didn't either.

[TACIXAT]

I think they minced the argument a bit bringing up the 1%. I didn't grow up in the 1% but I absolutely have a support system if anything in my life were to ever arise.