24:52

How to Apply And Succeed at Y Combinator | Startup School

Name: How to Apply And Succeed at Y Combinator | Startup School
Uploaded: 2023-07-21T21:48:05.472Z
Duration: 24 min 52 s
Description: Applying to Y Combinator is a high-ROI, low-time-commitment action (a few minutes for the application, uncapped upside). There is no “too early” or “too far along” – many accepted companies pivot, have not quit their jobs, or have already raised millions.

From Y Combinator · Published Jul 21, 2023 · Watch on YouTube

TL;DR

Applying to Y Combinator is a high-ROI, low-time-commitment action (a few minutes for the application, uncapped upside). There is no “too early” or “too far along” – many accepted companies pivot, have not quit their jobs, or have already raised millions.

Key insights

The application is intentionally designed to be fast and easy; downside is spending a tiny bit of time, upside is very large.
Luck can be systematically created by taking risks and putting yourself in situations where good things can happen; avoiding rejection reduces the surface area for luck.
A major factor for getting an interview is the quality/quantity of technical talent on the founding team – teams with at least one founder hireable at a top YC company have ~5× better odds.

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