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PretzelJudge | 2 years ago
I'm looking at the S23 batch and among them, I see a product for automating processes in healthcare, an AI voice assistant, a company tracking methane emissions with satellites, a company fixing GPS errors, building decarbonization, an AI for medical coding and others. None of these feel like AirBnB to me and certainly are not dev tools.
>As a result, most YC companies look the same. While I won’t name specific companies in any of the batches, YC companies will generally... have low capital and infrastructure costs, with low marginal variable costs
Yeah, that's the kind of company that wants $500k to get started. If you are building something capital intensive, then 500k probably doesn't move the needle for you. Either you are going to start small and build slowly (which makes for a bad VC investment) or you are going to need a lot more than 500k.
>For instance, if you are pitching a research lab without a specific plan to profitability (e.g. Mistral AI), then YC is not for you.
Yeah, Mistral AI raised $113M. If you can raise that as a seed round, then you don't really need YC. YC just isn't in the business of financing things that need 9 figures to get started.
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