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by nonchalance
4696 days ago
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"The numbers that were shared were not entirely true. It was kind of half-truth and part of the marketing pitch to VCs." Do you consider that a due diligence failure on the employee's part or a misunderstanding regarding the general nature of numbers? |
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I have to say, as much as YC has a great rep, I was kind of shocked when I heard the sizes of their classes in recent years. When I participated in another accelerator last year, our class had 10 teams, and that seemed like a fairly good size in terms of the folks running program being able to keep on top of the startups involved. I have to imagine when you are running classes of 80 teams (though they temporarily scaled back recently to more like 50, it sounds like they are going to grow the number per session again soon), not only are some going to be duds, but some are going to be outright scammers.