Comment by martythemaniak

1 year ago

Everyone is missing the reason they got accepted: they are some kind of tech influencers have 300k subs on YouTube.

You have 10 mins to pitch your idea, so they went in and said ”look, we work for coinbase, we're competent. Look, we have 300k subs on YouTube, we know how to sell shit and get attention. Look we have <some random AI thing>, we got it all" and that's all it takes. The problem is, they want to sell dev tools and those tend to be more grounded in reality than <some random social media thing> where their attitude and skills might be a better fit. Lots of devs like calling out bullshit as a hobby and making fun of shoddily built stuff, so it's a tough audience.

YC doesn't do "due diligence" and never has, not worth it for the $125k they put in. The real danger is they become known as the place for bullshit peddlers, influencers, etc.