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by Mystalic 5071 days ago
This is a fantastic article with a lot of in-depth interviews and analysis. This is an example of what tech journalism should be.

Another note: the beauty of YC isn't that Paul & co. pick home runs every time -- they don't -- it's that they pick teams that eventually hit home runs. Justin.tv is doing okay, but YC's investment in Justin in 2005 has netted it Socialcam (acquired for $60M) and Exec. YC's investment in Reddit also netted them Hipmunk.

And I'm only scratching the surface here -- YC founders always recruit great people into the YC program.

2 comments

I've been curious about this, is it definitive that YC investments pass through like this, i.e. from Justin.tv to Socialcam and Exec?
Exec and Socialcam ARE YC companies, the investments didn't pass through. Those teams actually did YC, which they maybe wouldn't have (who knows) without Justin Kans first startup.
#1 way to get an interview: recommendations from other YC founders. Not just tepid "I know this person" but "I'm putting $100k down on this team."
Isn't this how all VC deals work?