Ask YC: How is the economic slump impacting YCombinator?
I was wondering how the economic slump is impacting operations at ycombinator. Applicants or possibly the operation of ycombinator itself.
6 comments
We're not planning to do anything different, and so far the number of applications is about what it usually is.
Well, the winter session will be held at the Compound in an undisclosed location in eastern Montana, but aside from that, nothing.
See, the 15k in capital will be given out in denominations of canned food.
I doubt its impacting them that much. I mean its only 15 grand. Maybe the YC graduates will have a tough time getting funding...but the actual program will probably operate as usual
Smart angels and VC's will certainly still be investing. I would guess they'd be looking more favorably at companies that have a clear business model, but they're always going to take chances on interesting ideas/technology/people.
We'll be still applying for the next round. If we put in the hard yards now, we will be in a great position when the economy picks up again.
the money has to go somewhere, and alot of people are telling you to park it somewhere for 5 years. what better place is there to park some equity than in a new startup?
Bullets and diesel fuel.
Hmm...there could be a startup idea in there somewhere...
Hmm...there could be a startup idea in there somewhere...
Why diesel?
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