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by ig1
4958 days ago
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I don't want to sound harsh but if your application read like your message here it's not surprising that you got rejected. Investors want people who are hungry for success, not people who feel entitled to it. Regarding your actual suggestion, I'm not sure how restricting the number of applicants would help, after all it seems far better to have a first-level filter (i.e. alumni network) than to just impose some arbitrary limit based upon a lottery or a first-come-first-served basis. YC has commented before that the no-idea applications are essentially an experiment. Historically many YC companies have pivoted significantly over the three months of YC, this naturally carries an implication that the idea doesn't matter as much as good founders, so it seems like a reasonable experiment. There's no a priori reason to assume that teams who have launched are going to be more successful than ones who haven't, they're just at a different stage of their life-cycle. I believe this is only the second season where they've had no application ideas, so it'll probably take them a couple of years to measure if it works or not, but presumably from the fact they're still doing it the initial indications are positive. |
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