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Yesterday, somebody put it best: Facebook, Microsfot, Apple, Groupon, etc were not funded by YC. Not a bad group to be a part of. =)

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Keep in mind that YC didn't exist when Facebook, Microsoft, and Apple were started. It's quite possible that the next wave of those companies will be part of YC or are already part of YC.

'Quite possible' is a pretty generous overstatement - almost 0% of startups go through YC and very, very, very close to 0% become giants.

I am not sure if it is me being quoted here but if it is this is what I said: http://news.ycombinator.com/item?id=2431534

The point is, granted that YC will improve your chances of success, just like being on american idol will help make you a success, but most stars next year will not be from american idol or from YC.

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