I love how pg always has this kinda 'child like joy' smirk on his face for these press pictures.<p>Like he is thinking "this is SOO cool...Mom is gonna be soo proud."
Rather short and disappointing article given the headline. I took a long sip of my coffee, reclined and looked forward to reading something much longer and better...but alas it wasn't to be!
I find it surprising that Heroku was the breakeven point. There have been other (what I consider) rather high-profile exits, such as Cloudkick, Reddit, Etherpad, 280 North, etc. These were good companies and were acquired for significant amounts; it seems like YC would have realized some significant gains on them.
As someone who is looking to apply, even at this stage, having YCombinator as an option is tremendously invaluable. So on behalf of the dreamers out there, I say thanks Paul, Jessica and crew. Even if not accepted, just having that door there gives one more clarity moving forward by removing lots of the uncertainty.
<i>(Think MTV's Real World, but for geeks.)</i><p>Oh, boy... The idea of some TV executives out there, champing at the bit to create a reality TV show about entrepreneurs is either f!#@ng scary or LOL funny.<p>I can just see it now... "<i>Survivor: YC</i>" or "<i>The Entrepreneur: Paul Graham Edition</i>." Even better: "<i>Entrepreneur Death Match: Paul Graham v. Steve Case</i>." And the inevitable "<i>VC Revenge Stunts, hosted by Sean Parker</i>."<p>"<i>Mark Zuckerberg Goes Back To College</i>" might be entertaining though.
I think it's inaccurate about the deal with SV Angel and DST, isn't it SV Angel and Yuri Milner as an individual?<p>As for breakeven, I wonder whether that's accurate, but considering the low percentage of shares YC takes I wouldn't be surprised if lots of successful but not blockbuster spawn could still leave them without huge returns.
Anyone know what the "bottlenecks" are in YC? I assume it has to do with the number of advisors? Also, I wonder if the growth in number means decrease in quality (or experience) for the entrepreneurs.