[edoceo]

This is too flippant.

YC is so early on some of these deals that the primary gauge is team - which means personality of founders. Very hard to measure remotely.

I'm in a group, not as big or famous, that does early checks. We're 95% remote. IME, it's so hard to make those judgement calls through web-cam.

Agreed that founder focus is a big factor and that life gets in the way (of deals). However, if you don't like YC conditions there are 100s of other places to (attempt a) raise.

[nhumrich]

Except that all acceptance via YC is actually done remotely. They don't meet you in person until after they have already wired the money.

[edoceo]

I think you are talking about phase-1 and I was talking about a phase-2 of the process (of N phases).

We're just addressing different steps.

[nhumrich]

Phase-2 being what? demo day?

[NetOpWibby]

A lot of other places are just YC-lite/-wannabes and have either niche focuses (this is good) and/or not enough innovation-seekers (this is bad).

[aetherspawn]

Would you invest in Australia?