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by Cardeck1
4637 days ago
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I agree with the risk associated with people you barely know but IF you are smart enough you'll pick someone who is less likely to fail in your team.That is of course another very rare set of skills, to know what to pick and how, but we are assuming that the single founder has that ability. Perhaps I am too confident on this one because I almost never fail in hiring (no arrogance intended) but with the homework done and that "thing", the chances are much higher to withstand that kind of pressure.Now that I think about it, it's probably a cultural thing. Your criterias match the US market more which is understandable and indeed those relationships are hard to maintain but "internationally speaking" you can find what you're looking for, easier. 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. |
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