I have to agree. I applied to YC a few years back, failed, and subsequently shut down the business. If I ever start another company, I doubt highly that I would apply to YC. I'm not even really sure why. I just don't equate it with prestige anymore.
It's probably due to the higher number of YC backed companies that it's losing that exclusive nature coupled with the market correction in the startup labor market-people are becoming increasingly less obsessed with playing lottery with their time and more likely to bootstrap to control their own destiny or find a stable job-we've seen enough of what "acquisition" really means.
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I have to agree. I applied to YC a few years back, failed, and subsequently shut down the business. If I ever start another company, I doubt highly that I would apply to YC. I'm not even really sure why. I just don't equate it with prestige anymore.
It's probably due to the higher number of YC backed companies that it's losing that exclusive nature coupled with the market correction in the startup labor market-people are becoming increasingly less obsessed with playing lottery with their time and more likely to bootstrap to control their own destiny or find a stable job-we've seen enough of what "acquisition" really means.