It's pretty easy to figure out what class people are in if you actually care to know.
> Competition is extremely high to enter Stanford, with an admit rate of 7.2 percent. And those who make it in are, as a group, financially better off than the rest of the American population. According to Director of Financial Aid Karen Cooper, the median family income at Stanford is approximately $125,000; by contrast, the median family income in the United States in 2008, the last year for which data are available, is $61,521.
I'm still a huge fan of YC (very much not a hater) but on this rather large issue I think they're on the wrong side of history. A truly good actor compared to most, but far short being egalitarian.
I very much doubt that YC is in a position to ask every applicant for proof of their family's income and assets , another factor to note is that many applicants are from overseas.
> Competition is extremely high to enter Stanford, with an admit rate of 7.2 percent. And those who make it in are, as a group, financially better off than the rest of the American population. According to Director of Financial Aid Karen Cooper, the median family income at Stanford is approximately $125,000; by contrast, the median family income in the United States in 2008, the last year for which data are available, is $61,521.
http://www.stanforddaily.com/2010/08/12/diversity-remains-on...
http://en.wikipedia.org/wiki/Household_income_in_the_United_...
Now try to guess what class these people were born into: http://www.ycombinator.com/people/
I'm still a huge fan of YC (very much not a hater) but on this rather large issue I think they're on the wrong side of history. A truly good actor compared to most, but far short being egalitarian.