Ask YC: How is the economic slump impacting YCombinator? | Hacker News Reader

Ask YC: How is the economic slump impacting YCombinator?

I was wondering how the economic slump is impacting operations at ycombinator. Applicants or possibly the operation of ycombinator itself.

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We're not planning to do anything different, and so far the number of applications is about what it usually is.

Well, the winter session will be held at the Compound in an undisclosed location in eastern Montana, but aside from that, nothing.

See, the 15k in capital will be given out in denominations of canned food.

I doubt its impacting them that much. I mean its only 15 grand. Maybe the YC graduates will have a tough time getting funding...but the actual program will probably operate as usual

Smart angels and VC's will certainly still be investing. I would guess they'd be looking more favorably at companies that have a clear business model, but they're always going to take chances on interesting ideas/technology/people.

We'll be still applying for the next round. If we put in the hard yards now, we will be in a great position when the economy picks up again.

the money has to go somewhere, and alot of people are telling you to park it somewhere for 5 years. what better place is there to park some equity than in a new startup?

Bullets and diesel fuel.

Hmm...there could be a startup idea in there somewhere...

Don't forget the alcohol. Supposedly alcohol was one of the few good investments during the Great Depression, despite Prohibition.

Despite, or because of?

Then alcohol is legalised, so the market (Mafia) turns towards narcotic drugs...

Why diesel?

"... Why diesel? ..."

Easier to store. In diesel engines you get 2X the mileage per gal.

...and most of the military uses diesel engines for vehicles.

recessions are a great time to start up startups

why?

Because resources are cheaper and everyone else hunkers down and goes into "just survive" mode during a recession.

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