Yeah, it's hard. But sustaining that is how you get the next Facebook. | Hacker News

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cwp on March 30, 2023 | parent | context | favorite | on: Is Y Combinator worth the money?

Yeah, it's hard. But sustaining that is how you get the next Facebook.

0xbadcafebee on March 30, 2023 [–]

So YC is mostly just for unicorns?

simantel on March 31, 2023 | [–]

Yeah, the entire venture capital model is based on outlier outcomes. They don't want 2x or even 10x returns, they want 1000x returns on the outliers, so in aggregate they can hopefully 5-10x the fund overall.

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