Definitely not true! How did you get that impression?
I wouldn't be here if it were—my cofounder Scott and I made it to YC from way outside elite circles, US or otherwise. It's really important not to go for these demoralizing assumptions, lest they become self-fulfilling prophesies.
Here's some better information: if you can build, can make something people want, and are willing to be coached in the way that YC coaches founders, you have as good a chance as anyone at getting funded by YC. (And certainly a far better chance at not being overlooked for prejudicial reasons such as 'not from elite university'.)
You may not be wrong in general—it's clear that class divides are increasingly organized around educational divides—but IMO this is less true of YC than society at large and it's a big part of YC's business for it to remain so.
Edit: while I'm at it, something I wish more people would know is that if you apply to YC and get rejected, you should keep applying. Most YC startups didn't get in on their first try. If you do apply more than once, the key thing is to demonstrate progress since your previous application.
So: don't give up, and definitely don't give up before you start!
I'm in Boston, but guessing 13 speakers is a long time to be in an event space with a lot of students bused in from various schools. (1-on-1 or few-on-few can be better in-person, but remote works a lot better for talks.)
Also, Covid is going around the schools right now, and not everyone would let having Covid preclude a networking opportunity like this. Which would be a reason in favor of streaming (i.e., lower the incentive to make a lot of people sick). And also a reason some people would opt to watch the stream.
It’s worth noting that the main online “startup school” course doesn’t have this limitation, neither does the core YC program. I’m guessing this specific event is just very targeted at a particular market - Boston area student startup founders. Talks that are very targeted towards student founders, trying to make connections between similar age/location entrepreneurs, trying to build ties to YC within a close knit group so that they’re all more likely to apply to YC later, etc.
With that being said, I have zero association with YC, I could be wrong about any/all of that. But to me it just looks like a single event that’s trying to be really specific and focused with their market. It’s very common for meetups to have a very specific target market. It IS more uncommon to outright ban ppl outside the target market, but YC is so popular that if they didn’t, they’d probably get a tonne of non-student, non-Boston-area ppl attending a meetup whose content is focused on Boston area students.
'We’re conducting in-person interviews for the Summer 2024 batch for current undergraduate or graduate students at universities in the northeastern US.'
Why are recent BA/BS, MS, and PhD graduates excluded?
Looks like it's a special opportunity for students to interview early and not excluding non-students from interviewing through the normal process. Maybe they are concerned the interviews may be overrun with professional founders and they only have 1 day?
College outreach has been part of YC's recruiting efforts for years. It doesn't mean others are excluded. Certainly everyone who wants to should apply for Startup School!
And thus YC becomes a traditional company, let alone VC, with these campus placements from top schools. What happened to PG's mantras and vacillations about "The Reddits", and how they hired inexperienced founders from non target schools?
Why run a startup when you can run a business with bank loans to leverage your technical capital, comrades! Wake up from the perils of being yet another cannon fodder, for it is your time and time is our most valuable thing! Our kingdom is near, strike!
[+] [-] stewpy|2 years ago|reply
[+] [-] dang|2 years ago|reply
I wouldn't be here if it were—my cofounder Scott and I made it to YC from way outside elite circles, US or otherwise. It's really important not to go for these demoralizing assumptions, lest they become self-fulfilling prophesies.
Here's some better information: if you can build, can make something people want, and are willing to be coached in the way that YC coaches founders, you have as good a chance as anyone at getting funded by YC. (And certainly a far better chance at not being overlooked for prejudicial reasons such as 'not from elite university'.)
You may not be wrong in general—it's clear that class divides are increasingly organized around educational divides—but IMO this is less true of YC than society at large and it's a big part of YC's business for it to remain so.
Edit: while I'm at it, something I wish more people would know is that if you apply to YC and get rejected, you should keep applying. Most YC startups didn't get in on their first try. If you do apply more than once, the key thing is to demonstrate progress since your previous application.
So: don't give up, and definitely don't give up before you start!
[+] [-] tptacek|2 years ago|reply
[+] [-] haneul|2 years ago|reply
[+] [-] maxverse|2 years ago|reply
[+] [-] sandslash|2 years ago|reply
[+] [-] neilv|2 years ago|reply
I'm in Boston, but guessing 13 speakers is a long time to be in an event space with a lot of students bused in from various schools. (1-on-1 or few-on-few can be better in-person, but remote works a lot better for talks.)
Also, Covid is going around the schools right now, and not everyone would let having Covid preclude a networking opportunity like this. Which would be a reason in favor of streaming (i.e., lower the incentive to make a lot of people sick). And also a reason some people would opt to watch the stream.
[+] [-] sandslash|2 years ago|reply
[+] [-] rabbits77|2 years ago|reply
Will they be doing that “roll call” song too? https://www.tiktok.com/@theoffice/video/7254560650909928750?...
[+] [-] neilv|2 years ago|reply
[+] [-] beastman82|2 years ago|reply
[+] [-] yashap|2 years ago|reply
With that being said, I have zero association with YC, I could be wrong about any/all of that. But to me it just looks like a single event that’s trying to be really specific and focused with their market. It’s very common for meetups to have a very specific target market. It IS more uncommon to outright ban ppl outside the target market, but YC is so popular that if they didn’t, they’d probably get a tonne of non-student, non-Boston-area ppl attending a meetup whose content is focused on Boston area students.
[+] [-] nodoodles|2 years ago|reply
[+] [-] unknown|2 years ago|reply
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[+] [-] ivan888|2 years ago|reply
[+] [-] Bostonian|2 years ago|reply
Why are recent BA/BS, MS, and PhD graduates excluded?
[+] [-] throwaway2016a|2 years ago|reply
[+] [-] dang|2 years ago|reply
[+] [-] ramijames|2 years ago|reply
I'm in Boston.
[+] [-] MontgomeryPi2|2 years ago|reply
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