Sam Altman's advice to wait for YC is selfish and poor
Dave McClure · 20VC: 500 Startups' Dave McClure on Whether Unicorns Are Necessary For Venture Returns & Why Ownership Is Not The Math To Think About When Investing · Aug 15, 2016 · at 17:11
Dave McClure, co-founder of 500 Startups, responds to advice from Y Combinator president Sam Altman regarding accelerator alumni and whether entrepreneurs should join non-YC programs.
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“I think that's kind of laughable and actually probably really poor advice for entrepreneurs. Usually I think Sam and YC in general is an amazing program, and they offer lots of benefits and advice. In this particular case, I think they were being a little bit more selfishly directed about their advice to entrepreneurs.”
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