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by tptacek 4439 days ago
There was a long comment here, but I found a better way to make my point:

If I gave you $120k to start a company with 1-2 other people, and you had no other funding commitments, I don't think I'd be changing your odds all that much.

But I have no trouble believing that when YC gives founders $120k, they are changing the odds significantly.