YC’s Michael Seibel clarifies some misconceptions about the accelerator pedal • australiabusinessblog.com
Michael Seibel is synonymous with the growth of Y Combinator over the past decade.
He has opinions about larger batches, a growing default deal, competition, the power of venture capital and why startup founders should prioritize more than just a check after Demo Day.
Seibel spoke to australiabusinessblog.com’s Equity podcast, co-hosted by Natasha Mascarenhas and Alex Wilhelmabout Y Combinator amid market changes.
He sees the institution, which has supported thousands of entrepreneurs – some of whom have founded billion-dollar companies – as a software game at heart. His perspective matters, as one of the longest-running residents at Y Combinator, he helps strengthen the selection process and the ranking of priorities.
The whole conversation is now live, everywhere you can find podcasts, so listen up. Below we have extracted four key excerpts from the interview for further analysis. The questions and answers have been lightly edited for clarity.
