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by pg
4643 days ago
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You can certainly bring on more people, but if you didn't know them before you started the company, your relationship is probably not going to be able to withstand the stresses that a startup will apply to it. If we had really designed the YC application form to eliminate a huge amount of talent, that wouldn't be clever, would it? We'd lose a proportionately huge amount of money. |
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Perhaps my second statement was misunderstood. No way you guys created the YC application form to eliminate talent. That wouldn't make sense. The intentions were positive but formed some kind of barriers for some applicants. It's like going hunting with a good weapon to catch a good prey (and you do catch some)when there are better weapons at your disposable. So I'm not saying YC is not successful because it would be stupid to say it. What I am saying is, you can significantly improve the success/failure ratio by taking into consideration other indicators as well. You are losing money anyway but you don't know it. Who knows what startups you missed/are missing until now that could've brought you more money than those that already did.Why swim in a small pool when you have a bigger one at your disposal. Also the YC app form reflects jury's mind.