>...YC wouldn't have a measly 1.25% success rate, or thereabouts.
From YCs site "39% of YC companies have raised a Series A". If success is only going over $1bn them him and all his students are failures along with 99.99% of the population.
>The biggest indicator YC is a bad deal is that only people who are easily duped take up these deals.
Again from YC "Every 6 months over 10,000 companies apply to participate in our accelerator and we typically have a 1.5% - 2% acceptance rate."
The main problem with YC would seem to be the difficulty of getting in. Fair enough starting VC style startups isn't for everyone but there's no need to lie about YC to flog his dumb course really.
I mean, from Vassallo:
>...YC wouldn't have a measly 1.25% success rate, or thereabouts.
From YCs site "39% of YC companies have raised a Series A". If success is only going over $1bn them him and all his students are failures along with 99.99% of the population.
>The biggest indicator YC is a bad deal is that only people who are easily duped take up these deals.
Again from YC "Every 6 months over 10,000 companies apply to participate in our accelerator and we typically have a 1.5% - 2% acceptance rate."
The main problem with YC would seem to be the difficulty of getting in. Fair enough starting VC style startups isn't for everyone but there's no need to lie about YC to flog his dumb course really.