You try to doubt that there are would be any motives and then you say, it would probably be good PR?!
You question the quality of these startups, like there are no good startups outside YC, when at the same time my suggestion included that there should be the prerequesite of these startups to meet YC's expectations.
And if you call it 'open house' instead of 'open investor day' how that makes it different?! You are talking about the same thing...
Except, if by that term you mean a place for people to gather around and talk. I think thats why they already have Startup School and YC News...
Of course, it doesn't necessarily need to be the specific investor day, but instead maybe one divoted to their YC online community..
The essential motive would be that their YC ecosystem can continue grow outside their boundaries, while giving the opportunity to people that could probably proof capable enough. And maybe minimize the error of the application process.
And I did say, there could be a trade-off in percentage of the company in case it finds an investor through YC.
I have no idea what they want to do, but I've been reading long enough to take a stab at guessing.
I didn't question the quality of the startups, nor state that there aren't good ones outside of YC, just that anything from outside their program that they present to investors is likely to be a risk for them in that they know less about the quality, and they risk taking attention away from 'their' businesses.
Maybe I should indicate some scenarios I had in mind when I posted this:
In every YC funding cycle there will be those that will fail to get accepted. Of those, some will pursue their dream.
There is more risk in choosing potentially good founders, than a startup that you failed to recognize early that may had potential but now is in the process of proofing concept and on good track.
Applications are every six months. If you think your progress since you were rejected may change their mind, and if you still want to get into YC, why don't you just re-apply with the updated info?
You try to doubt that there are would be any motives and then you say, it would probably be good PR?!
You question the quality of these startups, like there are no good startups outside YC, when at the same time my suggestion included that there should be the prerequesite of these startups to meet YC's expectations.
And if you call it 'open house' instead of 'open investor day' how that makes it different?! You are talking about the same thing... Except, if by that term you mean a place for people to gather around and talk. I think thats why they already have Startup School and YC News...
Of course, it doesn't necessarily need to be the specific investor day, but instead maybe one divoted to their YC online community..
The essential motive would be that their YC ecosystem can continue grow outside their boundaries, while giving the opportunity to people that could probably proof capable enough. And maybe minimize the error of the application process.
And I did say, there could be a trade-off in percentage of the company in case it finds an investor through YC.