While the original post may have been a bit off target it certainly set off a very interesting comment conversation. The post has been thoroughly critiqued here, but I did want to add on thing that came to mind as I was reading through the discussion.
YC is a model that was created based on expereince and success. The value of YC funding is not the money, $5-20 k is not hard to save or raise.
It has been encouraging and interesting to hear from so many people, who obviously find a lot of value in VC's approach, offering slight variances based on their personal situation.
It is important to take what is valuable from a model and apply it to your own startup situation. If you can implement the use the best concepts and models from other and apply them to your unique startup, you will reduce the chance of failure and save a ton of time and money.
If you fallow blindly and base your success on one groups acceptance your not an entrepreneur.
YC is a model that was created based on expereince and success. The value of YC funding is not the money, $5-20 k is not hard to save or raise.
It has been encouraging and interesting to hear from so many people, who obviously find a lot of value in VC's approach, offering slight variances based on their personal situation.
It is important to take what is valuable from a model and apply it to your own startup situation. If you can implement the use the best concepts and models from other and apply them to your unique startup, you will reduce the chance of failure and save a ton of time and money.
If you fallow blindly and base your success on one groups acceptance your not an entrepreneur.