Sunday, August 05, 2012

Y Combinator: Conveyor Belt StartUping?

English: Alexis Ohanian, one of the founders o...
English: Alexis Ohanian, one of the founders of reddit, as he speaks about his experience getting reddit from a startup to one of the top competitors in User-rated news and networking. (Photo credit: Wikipedia)
Not really. It is not like they get in the way of creativity. I don't think of them as a boot camp either. It is just that early stage startups have much in common. And so perhaps it makes sense to go to school together.

I wonder if the concept can be applied to entrepreneurship in other or possibly all industries.

Reddit really is special.

Y Combinator’s first batch: where are they now?
the unbelievable drive that the young would-be founders had. Without something like Y Combinator – without money, support and guidance – this creative ambition and energy can be dissipated and become unfocused. ...... “They care, and they want us all to succeed in a way that isn’t unlike a parent.” ..... While not every startup born in that experiment back in 2005 is still going today, their founders have arguably all found success. ..... Reddit is arguably the most famous of all of Y Combinator’s success stories. .... “at its core it’s just a list of headlines.” ..... The fact that the idea for Reddit didn’t even come from Steve and Alexis (it was Paul’s idea) ....... (Alexis initially had a tough time to talk Steve into leaving his job and joining him in applying for the YC program). ..... Something like Y Combinator throws up opportunities in mysterious ways. Following the Summer Founders Program and the early death of memamp, Chris’ co-founder and roommate Zak Stone moved up the street to Harvard grad school. This left Chris with two spare rooms, just as the reddit co-founders were in need of a new apartment. ..... recognizing that sometimes things don’t work and ideas shift and change and die and are born – not following some rigid road of rules. ..... Perhaps the most straightforward road to success to arise from the Y Combinator First Batch is that of Loopt, the location-based mobile service founded by Sam Altman and Nick Sivo. ..... “I always say that without YC I would have taken the job offer I had and become a consultant, and I’d probably be chained to a desk somewhere in an office park” Justin Kan tells me ....... idea of live-streaming his life. was born and generated a lot of media interest. The site is now the world’s largest live-streaming community, with a reported number of over 40 million registered users, and is still ran by original co-founder Shear. ..... From the simple beginnings of a man with a camera permanently taped to his baseball cap, a massive network and several spinoff companies have been born, including Socialcam (which has recently been sold to Autodesk for $60 million), and TwitchTV (a dedicated video game broadcasting community that Kan described to me as “ESPN for gaming”). ....... The least obviously financially successful member of YC First Batch has been Jesse Tov, whose startup Simmery Axe closed down immediately after the Summer Founders Program. After a short stint with the U.S. Navy Fleet Numerical Meteorology and Oceanography Center, Jesse returned to academia and is now a postgraduate fellow at Harvard

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