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so are you saying there is an upper limit to entrepreneurship? I don't think so. I wonder if pg has written anything about this, if there is some point of dimi
by DilipJ 15y ago
so are you saying there is an upper limit to entrepreneurship? I don't think so.
I wonder if pg has written anything about this, if there is some point of diminishing returns in the lean startup scene
- vecter 15y agoI think there's an upper limit to the quality of entrepreneurial mentorship you can give, mostly as a function of (1) the mentors and (2) the mentor-entrepreneur ratio. Right now, YC invests in roughly $20k/company * 60 companies/batch * 2 batches/year = $2.4M per year. If they were forced to invest 50-100x that in a year, it'd be really hard to find 50-100x more mentors on the same level as the existing ones.