Hacker News new | ask | show | jobs
by amirmc 4350 days ago
I stand corrected, thank you.

What I was trying to get at above was that if "% of companies funded" post demo-day is a metric YC wants to maximise, then it would be trivial for them to get to near 100% by only selecting the obviously investable propositions 3 months earlier. If they did this, they'd simply be following whatever fad that VCs happen to be chasing and might miss outliers (even PG tried to convince the Airbnb founders to try something else).