Y Combinator is Pulling Back. They Should be Ramping Up.
A few days ago, Y Combinator announced they are reducing per-company funding and activity because, as a spokesperson said to TechCrunch, "The future of the economy is unpredictable, and we feel it is prudent during these times to switch to a leaner model".
Based on the data we have reviewed from the Global Financial Crisis, we think this is entirely the wrong move. Read more
Real Estate Investment & Asset Management
4 年totally agree with your opinion John well said !!!
Strategic Growth & Enterprise Partnerships in AI, MedTech & Blockchain | GTM & Ops Leader | Connecting People, Ideas & High-Impact Tech | Digital Transformation & Emerging Trends | Founder, Advisor & Operator
4 年Fantastic insight John, thanks for sharing and nothing like blue sky lines in Asia to formalize the need for change. Keep it coming!
Early and growth stage technology startups / Venture capital / Board Member
4 年Great analysis John, really like your perspective!
YC is well proven in the broadly digital space, which they suggest is becoming more difficult to extract returns from... they aren't well proven in the deep tech space which is a lot more challenging, eg materials technologies to enable next generation tech that is high performing and sustainable. I expect to see a big move to tackling hard problems with deep tech and digital involving Sam Altman in the next few months