PrancingCupcake
PrancingCupcake

Does YC tag still have value?

I have worked at a YC startup and a non-YC one (Nexus backed). From my experiences YC one had very good work culture and business growth was rapid too. But Nexus backed startup gave me significant raise (10LPA to 18LPA). But the sample size is extremely low to conclude anything.

Also, whenever a YC backed company’s recruiter reaches me out, he or she is delighted to see a YC tag in my resume. But some recruiters give zero Fs. Few dont even know YC.

So,

  1. Does a YC tag generally mean the startup is of higher in quality (work culture, team dynamics, business outlook etc.)?
  2. Is a YC tag a plus point on resume while switching?
26mo ago
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DizzyPretzel
DizzyPretzel

never knew YC tag had any value in the first place

JumpyWalrus
JumpyWalrus

😂🙃

SwirlyRaccoon
SwirlyRaccoon
Target26mo

Earlier, yes - when they were super selective

Now, not much. YC has recently been more of like a lottery for them, investing in a ton hoping a few of them will make it big

PrancingCupcake
PrancingCupcake

Yeah noticed this. They usually invest only 125k usd but in so many companies

QuirkyNarwhal
QuirkyNarwhal

Yes it does. Overall success rates of startups in the world is 1%, but it's 3% for a YC backed startup. That's 3X more probability.

Also getting into YC is not that easy. They receive thousands of applications out of which they select a few.

And if you have worked in a YC startup, you have higher chances of getting an interview in another YC startup.

PrancingCupcake
PrancingCupcake

From where did you get these numbers?

QuirkyNarwhal
QuirkyNarwhal

1% is commonly known. 3% comes from some YC blog.

GroovyBurrito
GroovyBurrito

why would a investor's tag be any relevant to an employees skill set?

PrancingCupcake
PrancingCupcake

YC is not just an investor, it is a startup incubator. It trains founders and provides a large network of other YC startup founders.

GroovyBurrito
GroovyBurrito

I know bro, but that doesn't reflect anything on the employee. Doesn't make sense to me honestly

WigglyBanana
WigglyBanana

Nexus (Tier 1 VC) Tag > YC Tag > No tag at all

SleepyNugget
SleepyNugget
Amazon26mo

Absolutely yes

PrancingCupcake
PrancingCupcake

Why though?

SleepyTaco
SleepyTaco

Outside of YC companies, nobody cares!
Big company recruiters may not even know YC is :)

MagicalDumpling
MagicalDumpling
Myntra26mo

There was a great article a few weeks back on Ken about why YC lost its charm. Get your hands on that if you can

SleepyBanana
SleepyBanana

No

PrancingCupcake
PrancingCupcake

Can you explain why?

GroovyMarshmallow
GroovyMarshmallow

So-so

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