> YC will proudly tell you that you are more likely to end up with a billion dollar business if you join them. That may be true. What they’re more reluctant to tell you is that only about 50 companies met that expectation out of the 4,000 or so that went through their program. That’s 1.25%. To be fair, that’s actually quite impressive, but let’s say you have the stamina and willpower to go through YC three times in your lifetime. You’d need approximately 26 lifetimes to hit the jackpot! Aha! See the problem now?

Is this more of an indictment of VC-style funding in general?

Yes its more about Venture funding than YC specifically.

Thsi is important for all founders to understand.

If founders go into YC knowing the large risk they are taking - that’s all good and well.

Because Y Combinator supports the CCP and genocide?