from Hacker News

Why you shouldn't join Y Combinator

by DVassallo on 10/12/23, 11:21 PM with 4 comments

• by thelastparadise on 10/13/23, 12:18 PM

  > YC will proudly tell you that you are more likely to end up with a billion dollar business if you join them. That may be true. What they’re more reluctant to tell you is that only about 50 companies met that expectation out of the 4,000 or so that went through their program. That’s 1.25%. To be fair, that’s actually quite impressive, but let’s say you have the stamina and willpower to go through YC three times in your lifetime. You’d need approximately 26 lifetimes to hit the jackpot! Aha! See the problem now?

  Is this more of an indictment of VC-style funding in general?

• by keeptrying on 10/13/23, 1:01 AM

  Thsi is important for all founders to understand.

  If founders go into YC knowing the large risk they are taking - that’s all good and well.

• by throwaway2990 on 10/13/23, 9:02 AM

  Because Y Combinator supports the CCP and genocide?