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The article states: "I think the problem is rooted in the business model that seems to be preached by Y Combinator: build a great product, choose investment ove
by cdeonier 14y ago
The article states: "I think the problem is rooted in the business model that seems to be preached by Y Combinator: build a great product, choose investment over income, and exit as quickly as possible."
I'm pretty sure I've heard the first point mentioned before by the partners of YC, but I'm not sure I've seen evidence of the others. Is there actually evidence of YC telling its classes to exit as quickly as possible? My guess is any quick exits are more likely as a result of founders being offered a chance at a payout rather than YC pushing them to exit.
- amirmc 14y agoTo add to your last point pg stated more than once that the best outcomes for YC will occur if companies can make it to IPO. That's not a short-term play. edit: here's a link where he says as much http://news.ycombinator.com/item?id=265623 http://news.ycombinator.com/item?id=265623
- onlyup 14y agoOut of curiosity, is there a list of the fastest companies to IPO? (Non-YC companies included)
- Aethaeryn 14y agoI think that the overall list of 'fastest companies to IPO' might be skewed by the dot-com bubble companies that were fast to IPO but failed soon afterwards thanks to having no real business model or income.
- amirmc 14y agoNot that I know of. Although it would only be non-YC companies (no YC company has IPOd yet - Dropbox and Airbnb are the likely candidates but Weebly has also hinted that they might be in a position to consider it soon)