Smash Notes

How Successful Was Y Combinator Aiming to Become

at 2:35

From the episode: Graham on Start-ups, Innovation, and Creativity

Answer

While investing 7 times the volume, and 1/100s the amount in comparison to a traditional venture capital firm, Y Combinator was not aiming to be as successful. Paul Graham (@paulg) predicted there would be a lot of failures, if YC were to be true to its goal. However, he said he would be happy with a ~33% success rate, which meant most of the startups would fail.

Where this answer comes from

Show
EconTalk
Episode
Graham on Start-ups, Innovation, and Creativity
People
Russ Roberts
Moment
Date

People

On this episode

More answers like this

More with Russ Roberts

Related episodes

Plays this note, then the next one on the page.

Weekly highlights

One letter a week.

The notes worth hearing, with the minute they were said.