> Already, there are a few companies that have applied to YC, gotten accepted, and ostentatiously turned it down.
Can anyone shed some light into this? Why do companies turn down YC after being accepted?
Can anyone shed some light into this? Why do companies turn down YC after being accepted?
They require founders to relocate
They take a non-trivial equity stake as the price of admission
It's a huge time commitment
Not stating that YC isn't an incredible program and a great value proposition. Just that it has some challenges.