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by FinnLobsien·1y ago·view on hn ↗
Yeah it's a good question to ask:

Was the startup success rate in 2005 overall higher or was it actually due to YC selecting so well.

Also, success is relatively defined. A $50m exit might be something that gets washed away after a TechCrunch article and a few social media posts.

But that's still life-changing money for the founders. It's not changing the world writ large, but changes the world for a few people.

= Besides, there are many successes we never talk about. Wiz is worth $32B (at least Google was willing to pay that), but rarely talked about because they're a "boring" cybersecurity infrastructure company.

1 comments
yeah. That YC hasn't produced another Google or made a Facebook should in no way mean it's an utter failure.