Ask YC: How is the economic slump impacting YCombinator?

https://news.ycombinator.com/item?id=328193

by zitterbewegung • 18 years ago

33 17 18 years ago

news.ycombinator.com

I was wondering how the economic slump is impacting operations at ycombinator. Applicants or possibly the operation of ycombinator itself.

davidw• 18 years ago

Well, the winter session will be held at the Compound in an undisclosed location in eastern Montana, but aside from that, nothing.

steveplace• 18 years ago

See, the 15k in capital will be given out in denominations of canned food.

vaksel• 18 years ago

I doubt its impacting them that much. I mean its only 15 grand. Maybe the YC graduates will have a tough time getting funding...but the actual program will probably operate as usual

jedc• 18 years ago

Smart angels and VC's will certainly still be investing. I would guess they'd be looking more favorably at companies that have a clear business model, but they're always going to take chances on interesting ideas/technology/people.

pg• 18 years ago

We're not planning to do anything different, and so far the number of applications is about what it usually is.

jdavid• 18 years ago

the money has to go somewhere, and alot of people are telling you to park it somewhere for 5 years. what better place is there to park some equity than in a new startup?

MicahWedemeyer• 18 years ago

Bullets and diesel fuel.

Hmm...there could be a startup idea in there somewhere...

dangoldin• 18 years ago

Don't forget the alcohol. Supposedly alcohol was one of the few good investments during the Great Depression, despite Prohibition.

cstejerean• 18 years ago

Why diesel?

graemeklass• 18 years ago

We'll be still applying for the next round. If we put in the hard yards now, we will be in a great position when the economy picks up again.

agentbleu• 18 years ago

recessions are a great time to start up startups

sundeep• 18 years ago

why?

anamax• 18 years ago

Because resources are cheaper and everyone else hunkers down and goes into "just survive" mode during a recession.

Ask YC: How is the economic slump impacting YCombinator?

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