[HN Gopher] Happy 20th Birthday, Y Combinator
       ___________________________________________________________________
        
       Happy 20th Birthday, Y Combinator
        
       Author : btilly
       Score  : 733 points
       Date   : 2025-03-11 14:14 UTC (8 hours ago)
        
 (HTM) web link (twitter.com)
 (TXT) w3m dump (twitter.com)
        
       | kamikazeturtles wrote:
       | It seems the first few batches of YC were VERY successful. But,
       | the number of successful YC companies I can think of from the
       | last 10 years of batches is very minimal despite them investing
       | in thousands of companies.
       | 
       | Makes you wonder, does the funding landscape need a new YC level
       | disruption because YC seems to have peeked, return wise (not hype
       | wise).
       | 
       | Maybe AI might be their saving grace if everything works out
        
         | Invictus0 wrote:
         | You might find this blogpost eye opening:
         | https://www.lennysnewsletter.com/p/pulling-back-the-curtain-...
        
           | ant6n wrote:
           | Wow, there's so few solo founders, and so few non-US
           | companies. I bet nowadays, there's very few non-AI companies.
           | So if you aren't a US-based AI-startup with multiple
           | founders, perhaps ycombinator is not for you.
        
             | Invictus0 wrote:
             | If you have a cofounder it forces you to get in the habit
             | of delegating really early on. Prolific solo founders like
             | pieter levels just do everything themselves, which is great
             | for their ego but not enough to build a venture scale
             | business.
        
               | ant6n wrote:
               | Solo founders can have employees.
        
               | fragmede wrote:
               | They have a disproven ability to find people and rally
               | them around a common cause though. Whether it's due to
               | their personality or the idea or some other thing like
               | timing, the inability to find a co-founder could be
               | considered signal, for some.
        
             | pclmulqdq wrote:
             | These are two well-known biases of YC. I believe the
             | reasons are the following:
             | 
             | * YC founders are usually very young, and young people can
             | be capricious. They don't want a solo founder just deciding
             | to do something without a second founder having some
             | leverage to protect YC.
             | 
             | * YC is in the US and has a very pro-US perspective, so
             | they invest in what they know and like.
        
             | briandear wrote:
             | Non US companies -- but many non-US founders. It's much
             | better to be a U.S. startup than in most other places.
             | 
             | https://capbase.com/why-european-startups-register-in-us/
        
             | robocat wrote:
             | YC has a known bias towards multiple founders. They accept
             | solo founders, but solos have to stand out more or maybe
             | already started their business. YC even provides a co-
             | founder matching system (of unknown efficacy).
             | 
             | PG said "Empirically it seems to be hard to start a startup
             | with just one founder. Most of the big successes have two
             | or three. And the relationship between the founders has to
             | be strong. They must genuinely like one another, and work
             | well together. Startups do to the relationship between the
             | founders what a dog does to a sock: if it can be pulled
             | apart, it will be."
             | 
             | Also see: Does YC fund solo founders:
             | https://www.ycombinator.com/library/7P-does-yc-fund-solo-
             | fou...
        
         | ilrwbwrkhv wrote:
         | I do think YC has become chasers of the latest trend rather
         | than creating the trend. That is why most of the successes are
         | skewed early like Reddit and a bunch of other companies which
         | defined the internet.
         | 
         | Now they have gone from crypto grifting companies and AI hyped
         | companies and it really seems that the a-level players are
         | missing.
         | 
         | Or maybe it's just a matter of smaller teams and focus and
         | care.
         | 
         | I think now I see YC more like a job for the partners than a
         | passion.
         | 
         | I might be wrong but there is definitely something to it that
         | YC has not had a success for a very long time.
         | 
         | It's really sad because YC is one of the best things to happen
         | to the tech industry.
        
           | Isamu wrote:
           | Well it's a function of those that apply and are accepted,
           | and pitches are going to reflect the current hype. YC
           | occasionally puts out a call for applications in areas they
           | think are interesting but perhaps they haven't seen many
           | compelling pitches for. Have they recently put out a call for
           | specific areas of interest?
        
             | FinnLobsien wrote:
             | Yeah I think they do it every batch or at least every year.
             | https://www.ycombinator.com/rfs
        
               | Isamu wrote:
               | Thanks, I see that one is full of AI, but I notice they
               | are guiding toward specific areas, probably so they don't
               | get a thousand vague AI pitches
        
             | astonex wrote:
             | Except now their call for startups are focusing on tech
             | solutions (use LLMS to do x), instead of focusing on
             | problems that need solving. They're now doing exactly what
             | they've railed against, solutions in search of problems
        
           | huang_chung wrote:
           | > That is why most of the successes are skewed early like
           | Reddit and a bunch of other companies which defined the
           | internet.
           | 
           | Reddit rode the wave with zero innovation. Really what is
           | Reddit? Message boards predated Reddit, which was predated by
           | Usenet, predated by BBS. Somewhere in there were Yahoo! chat
           | forums.
           | 
           | All they did was colocate message boards in one place, and
           | allowed freewheeling moderation. That's it. They got lucky,
           | made millions with zero new ideas. People connected the same
           | way on AOL 15 years before.
           | 
           | Like most Silicon Valley innovations, you just reuse an
           | existing idea or resell polished turds as new.
        
             | fragmede wrote:
             | and before that, there were literal community message
             | boards. corkboard at the grocery store. people gossiped
             | before there was Facebook. the only real innovation was
             | going from verbal communication to the written word, but
             | now with TikTok, we're back at verbal communication, just
             | with a lot of extra steps. there's no other innovation
             | that's happened in the world since writing, isn't there?
        
         | bbor wrote:
         | A) Very true!
         | 
         | B) peaked* :)
         | 
         | C) Can you think of any _tech_ companies from the last 10 years
         | that were successful? The answer is ultimately  "they exist,
         | but the victory condition is to be bought by MANGA, so you
         | don't remember them even if you heard about them in the first
         | place."
         | 
         | EDIT: to add more context, this is a great post:
         | https://jaredheyman.medium.com/on-the-176-annual-return-of-a...
         | The TL;DR is that Stripe & AirBnB (and to a lesser extent
         | DropBox, DoorDash, and Instacart) were absolutely _massive_
         | wins that they have yet to (and shouldn 't expect to!)
         | replicate; otherwise, they're doing just fine in terms of ROI.
        
           | FinnLobsien wrote:
           | Yeah it's a good question to ask:
           | 
           | Was the startup success rate in 2005 overall higher or was it
           | actually due to YC selecting so well.
           | 
           | Also, success is relatively defined. A $50m exit might be
           | something that gets washed away after a TechCrunch article
           | and a few social media posts.
           | 
           | But that's still life-changing money for the founders. It's
           | not changing the world writ large, but changes the world for
           | a few people.
           | 
           | = Besides, there are many successes we never talk about. Wiz
           | is worth $32B (at least Google was willing to pay that), but
           | rarely talked about because they're a "boring" cybersecurity
           | infrastructure company.
        
             | fragmede wrote:
             | yeah. That YC hasn't produced another Google or made a
             | Facebook should in no way mean it's an utter failure.
        
           | tyre wrote:
           | > Can you think of any tech companies from the last 10 years
           | that were successful?
           | 
           | OpenAI and Anthropic come to mind
        
             | dowager_dan99 wrote:
             | 10 years, not weeks.
        
             | scarface_74 wrote:
             | Neither are profitable.
        
             | bbor wrote:
             | That's... fair, I guess. Both are majority controlled by
             | MANGA, but they are indeed new companies. That's kinda
             | illuminating: it takes the breakthrough of the century to
             | establish a new name these days, and even then you'll
             | probably end up selling slices of yourself to the giants.
        
           | fragmede wrote:
           | > tech companies from the last 10 years that were successful?
           | 
           | Discord, Anduril, CoreWeave, Veho, MoneyBox, Peak,
           | Marshmallow.
        
             | bbor wrote:
             | Discord is cool! Anduril is both evil and overvalued. The
             | rest... I mean, I think the names speak for themselves ;)
        
               | fragmede wrote:
               | what do their names say to you?
        
         | FinnLobsien wrote:
         | There are many factors (YC needs to allocate more capital, not
         | founder-led anymore, needs to fill more batches...) etc.
         | 
         | But another one is that the first batch has had 20 years to
         | grow and compound while the rest has had less time to become
         | massive.
         | 
         | I'm not saying YC is perfect now (though it's still great). But
         | I think a simple factor could just be time for many portcos.
        
           | listenallyall wrote:
           | Or that most of the largest opportunities have been filled
           | and newer companies are aiming at much smaller niches, or to
           | be alternatives to well-established competitors.
        
             | FinnLobsien wrote:
             | Also, in 2005 there wasn't that much of an acquisition
             | ecosystem. I feel like fewer founders back then actually
             | thought about getting acquired and instead shot for
             | building big companies.
             | 
             | You had to go big or your thing would fail, whereas
             | nowadays you can fill a tiny niche and get rich by being
             | acquired by the incumbent you're a complement to.
             | 
             | The era of "any promising startup gets swallowed by big
             | tech" seems over with antitrust, but M&A is still
             | happening.
        
           | Isamu wrote:
           | Agreed, to compare you would have to not just look at current
           | magnitude but rather compare the historical trajectories of
           | growth
        
         | philipwhiuk wrote:
         | The alternative is that it takes x > 10 years to become very
         | successful. But that seems somewhat doubtful.
        
           | shawabawa3 wrote:
           | Well Dropbox (ycs first big success?) was founded in 2007 and
           | only went public in 2018
           | 
           | Reddit (yc 2005) only went public last year
           | 
           | I know "going public" doesn't define success, but it does
           | show that companies can still be growing after 10+ years
        
         | nostrademons wrote:
         | It's because every market inefficiency eventually disappears as
         | entrepreneurs capitalize on it. It's like there's an optimal
         | architecture for the economy at a given technology level, and
         | the job of the entrepreneur is to find that architecture and
         | refactor the economy, piece by piece. And if they're
         | successful, they get to take everything of value in the old,
         | obsolete parts of the economy that get destroyed.
         | 
         | When YC was formed the Internet was young; it had just
         | dramatically changed the equilibrium point for the economy, but
         | people didn't know it yet. YC's investment thesis was that many
         | more startups could be founded than were being founded, so they
         | set about funding them. And they were right, and so their early
         | investments found fertile new markets that were ripe for
         | disruption.
         | 
         | Now founding a startup is mainstream, so wannabe entrepreneurs
         | have picked clean most of the big profitable market niches. And
         | that's why all the later YC startups tend to be smaller and
         | less successful. The big successes already happened. I could
         | see AI spawning a few more successful startups - it is a
         | technological change, after all - but not to the scale of the
         | Internet. (Honestly, I see solar and genetic engineering as
         | spawning more. Freeman Dyson wrote a prophetic book in 1999
         | entitled "The sun, the genome, and the Internet" about the 3
         | technologies that would define the 21st century, and IMHO he
         | was totally on point.)
        
         | hn_throwaway_99 wrote:
         | I'm always surprised people just seem to discount timing.
         | 
         | The mid/late 00s came with the rise of "Web 2.0" and mobile
         | that was a gigantic technological shakeup, and YC was
         | definitely in "the right place at the right time", and their
         | Web 1.0 pedigree and expertise transitioned perfectly to these
         | new technologies. Importantly, these technologies required
         | relatively little capital for new startups because all the
         | infrastructure in terms on the Internet, GPS, mobile, etc. had
         | already been built.
         | 
         | I'd just argue that in the past 10 years there simply hasn't
         | been nearly the "greenfield" tech landscape that existed in the
         | mid 00s. AI obviously has been a tech sea change, but so far
         | the contours of that change just look much harder to monetize.
         | The frontier models are becoming more and more commoditized,
         | and everyone else is just trying to figure out how not to get
         | shoehorned as "just an OpenAI/Anthropic wrapper". Looks like
         | there may be some winners that are really putting all pieces
         | together in an attractive package (Cursor and Glean come to
         | mind), and it's fair to wonder why YC doesn't have one of these
         | "AI app winners" (and maybe they do, or will, I don't know),
         | but in general, I think there is just nothing like the
         | opportunity there was in the late 00s/early 10s to gobble up a
         | big part of the new tech landscape.
        
         | astonex wrote:
         | I think all the recent AI slop dominated batches will be their
         | downfall in 2-3 years time when they all become junk and the
         | AI-hype is over.
        
           | ilrwbwrkhv wrote:
           | Ya that is my fear. Just like the whole crypto dominated
           | batches. My fear is Garry Tan is leading YC and he falls for
           | every single "the current thing" in the book. I remember when
           | he was pushing for so much of the crypto stuff and all of
           | that evaporated to nothing.
        
             | astonex wrote:
             | Yep, since Garry took over YC has fallen off drastically in
             | my opinion
        
             | anthomtb wrote:
             | > he falls for every single "the current thing" in the
             | book. I remember when he was pushing for so much of the
             | crypto stuff and all of that evaporated to nothing
             | 
             | Isn't this what an early-stage VC firm is supposed to be
             | doing? Lots of investments in companies working in whatever
             | the hot new tech may be. Most companies lose, some break
             | even, one wins so big you forget about the rest.
             | 
             | High risk, high reward, high volume is always how I thought
             | of a firm like YC. And one expects a lot of investments to
             | evaporate to nothing for such an industry.
        
         | jarsin wrote:
         | > Maybe AI might be their saving grace if everything works out
         | 
         | Most of their recent communication is going all in on AI.
         | Saying stuff like this batch prefers hiring devs that use AI,
         | and 95% of their codebases are all AI generated.
        
         | tasn wrote:
         | Companies take time to become successful, so the verdict is
         | still out on most of the companies that started in the last 10
         | years. Time will tell.
         | 
         | Though there are already quite a few successrul YC companies
         | from the last few years. Full list of top YC companies:
         | https://www.ycombinator.com/companies (filter by "top
         | companies")
        
           | pclmulqdq wrote:
           | I believe median time to unicorn status is now about 7 years,
           | so this is not as uncertain as you think. In other words, 50%
           | of YC's 7-year old unicorns have already showed up. The
           | number is higher for older companies.
        
             | pyb wrote:
             | Dropbox and Airbnb were superhot companies within 2 or 3
             | years after YC. My first Airbnb booking was in 2013, and
             | that I felt like a late adopter.
        
               | pclmulqdq wrote:
               | Yes, but average time to unicorn status has been
               | increasing since the time of Dropbox and Airbnb. I assume
               | you can draw more inferences from companies that are
               | earlier-stage, too.
        
           | scarface_74 wrote:
           | Just looking at how most have done since going public , most
           | VC backed companies including YC are just exiting and finding
           | the "bigger fool". YC has done phenomenal for itself. For the
           | public that bought at IPO - not so much.
           | 
           | https://www.marketsentiment.co/p/the-yc-report
           | 
           |  _If you invested equally in all YC companies on their IPO
           | day, you would now be down 49% compared to the +58% return of
           | the S &P500! 14 of the 17 companies lost money for the
           | investor, and 3 companies lost more than 99% of their IPO
           | value. Only one company ended up beating the S&P 500
           | benchmark_
        
         | flaque wrote:
         | Of course? On average, companies that are still standing after
         | ~15 to 20 years are going to be a lot larger than the companies
         | who started more recently.
        
       | Diederich wrote:
       | https://news.ycombinator.com/item?id=1 is always fun to look at,
       | 18.5 years ago.
        
         | jessekv wrote:
         | Huh. I upvoted it.
        
         | giancarlostoro wrote:
         | Fun there's enough posts in HN you could type your DOB (no
         | leading zero) and find a submission for it:
         | 
         | https://news.ycombinator.com/item?id=52590
        
           | Arubis wrote:
           | It took me a moment to think through what a leading zero on a
           | DOB meant and that it wasn't a Long Now foundation thing.
        
           | TeMPOraL wrote:
           | 52950
           | 
           | What format of DOB is that? M/DD/YY?
        
             | dredmorbius wrote:
             | Or possibly a Julian date for a first-millennial.
        
           | btilly wrote:
           | There are actually enough that you can type your DOB in the
           | format YYYYMMDD and find a submission for it!
           | 
           | This has been true since
           | https://news.ycombinator.com/edit?id=20190615 was posted on
           | June 15, 2019.
        
         | matsemann wrote:
         | 1 indexed?
         | 
         | Edit: HN is apparently written in Arc, a dialect of Lisp.
        
           | redox99 wrote:
           | Almost all DBs have a default starting ID of 1.
        
       | arjunaaqa wrote:
       | Jessica is my hero. Paul is a guiding force.
       | 
       | Every effort has some defect but it's intention and effort which
       | matters.
       | 
       | World would be a very different place without YC.
       | 
       | Thank you all !
        
         | dowager_dan99 wrote:
         | >> but it's intention and effort which matters.
         | 
         | I think I understand what you're saying, but this is a very
         | dangerous generality. I think the HOW matters more than the
         | intent.
        
           | nine_k wrote:
           | The idea here, AFAICT, is that the right intention matters
           | even if the implementation is lacking and imperfect. If the
           | intention is there, the implementation will improve.
           | 
           | The dangerous line of thinking would be that a good intention
           | somehow justifies doing evil things, and not by mistake but
           | knowingly, for an ulterior greater and noble goal. But then
           | the intentions _would_ include doing an evil thing as an
           | intermediate step, and, as the comment says, the intention
           | does matter.
        
         | Apocryphon wrote:
         | Did Stilgar write this
        
           | EGreg wrote:
           | Haha wow, good one
        
             | Apocryphon wrote:
             | Looks like the Dune show even introduces a YC:
             | 
             | https://dune.fandom.com/wiki/Ynez_Corrino
             | 
             | Incidentally, querying "YC Dune" on DuckDuckGo / Bing
             | yields that link in the results, but Google does not, which
             | seems rather troubling for the modern state of that search
             | engine.
        
       | dredmorbius wrote:
       | On Twitter, with all that's going on?
        
         | jeffbee wrote:
         | Garry Tan and the rest of YC leadership are 100% aligned with
         | Musk's goal of crashing the American economy so they can
         | subjugate labor and buy assets cheap. It can't be a surprise
         | they post on X.
        
           | femiagbabiaka wrote:
           | Ultimately that will be the legacy of YC.
        
         | briandear wrote:
         | What's going on?
        
         | declan_roberts wrote:
         | One of the things that makes HN great is that it largely avoids
         | the Current Thing discussion.
         | 
         | There's plenty of places to get into that. Can't we have one
         | that's focused entirely on hacker news and not any political
         | news?
        
           | dang wrote:
           | (hmm that's a frequently asked question; I wonder if we
           | should have a list of such things)
           | 
           | If you want to know how we think about this, here's a pointer
           | to a bunch of past explanations:
           | 
           | https://hn.algolia.com/?dateRange=all&page=0&prefix=false&so.
           | ..
        
           | dredmorbius wrote:
           | HN is increasingly a significant participant in current US
           | politics. Attempting to pretend otherwise really doesn't
           | work.
           | 
           | HN has a policy of moderating discussions of YC companies
           | less than other threads (and yes, "less" != "not at all").
           | There's a strong argument that a similar policy should apply
           | to HN-adjacent politics and political acts.
           | 
           | Posting to what was once called Twitter today is an
           | increasingly political act. and a strongly anti-democratic
           | one. Yang (as evidenced by his Wikipedia bio) is a political
           | actor.
        
       | Starlord2048 wrote:
       | [flagged]
        
         | dang wrote:
         | We're getting complaints from users that your comments are LLM-
         | generated. Of course it's hard to say for sure, but if they are
         | (in whole or part), please stop. Generated comments aren't
         | allowed here; HN is for human conversation.
        
         | nashashmi wrote:
         | What you have identified is nurturing tech development and this
         | has become easier. But more complex tech development should now
         | be the next focal point of incubators. And this means founders
         | who have more speciality in the work they do.
         | 
         | There is still a gap that needs fulfilling. YC is one player
         | who can fulfill it. Late-stage startup development is a
         | business structuring problem and the biggest blank slate for
         | new founders. From term sheets to understanding convertible
         | debt to navigating VC maze.
        
       | jedberg wrote:
       | Happy birthday YC! YC has created a ton of value, and I can say
       | is responsible for the major inflection point in my career. I'm
       | forever grateful to Paul, Jessica, Robert, and Trevor for seeing
       | the value in the reddit team before anyone else did.
       | 
       | Incidentally, reddit turns 20 in just a few weeks (if you count
       | from incorporation :) )
        
       | alberth wrote:
       | "Founders at Work", written by Jessica is what got me into HN
       | (and I was an initial lurker for quite sometime).
       | 
       | https://en.wikipedia.org/wiki/Founders_at_Work
       | 
       | Note: YC didn't have HN to begin with, it was launched 1-year
       | later (Oct 2006 as seen by pg profile). And the book was launched
       | the subsequent year (2007).
       | 
       | https://news.ycombinator.com/user?id=pg
        
         | wheelinsupial wrote:
         | In case you're not aware, there is a podcast by Jessica
         | Livingston and Carolyn Levy called "The Social Radars" that
         | interviews founders.
        
           | azhenley wrote:
           | Downloading it now. I didn't know about it. Looks like there
           | are a lot of big names!
        
         | hakaneskici wrote:
         | Such an inspiring book - I still have it by my desk :) I bought
         | it because they covered Joel's FogBugz and 37Signal's Basecamp
         | (I was building a competitor product back then).
        
       | light_triad wrote:
       | There's going to be a lot of "the big successes already happened"
       | type comments about YC but I think they're wrong.
       | 
       | Sure all big successes are unique in time, and entrepreneurship &
       | web tech are mainstream now. But there's still lots of industries
       | to disrupt. What gets harder is that the level of expertise
       | needed to disrupt an industry is now much higher. You didn't need
       | to work in hotels to create Airbnb, or a bank to create Stripe,
       | or deliveries to do Doordash, etc. A bunch of scrappy web
       | founders that were hosts, or trying to sell on the internet was
       | expert enough to get started. This may be changing in important
       | ways, but huge successes will surely happen.
        
         | borski wrote:
         | When YC started, people were saying literally the same thing;
         | the dotcom bust had already happened, and the era of big
         | internet companies was 'dead.'
         | 
         | As usual, the death of entrepreneurship and startups has been
         | greatly overstated. :)
        
         | ant6n wrote:
         | I'm not so sure YC is really targeting industry experts in
         | their fields who are doing startups, or?
        
         | JambalayaJimbo wrote:
         | Doesn't YC still predominantly fund young men who aren't at all
         | industry experts in some mature field? It appears like the
         | majority of startups I see are "AI for X" type applications.
        
       | CSMastermind wrote:
       | I remember the initial PG announcement about the founder's summer
       | program and wanting desperately to be a part of it. I wasn't at a
       | place in my life where I ever could join YC but the tribe that's
       | been built by everyone involved has added tremendous value to my
       | life. I'll always be incredibly grateful that this place and YC
       | exists.
        
       | _sentient wrote:
       | YC changed my life, and I'll be forever grateful to PG, Jessica,
       | and the team for taking a chance on a homeschooled, GED-wielding
       | solo founder.
        
         | rrr_oh_man wrote:
         | It's really good to read those stories.
         | 
         | I applied twice (once alone, once with a really amazing co-
         | founder) and it felt like applying to a large faceless
         | corporation, both times.
         | 
         | Automatic rejection after 30 days with zero feedback.
         | 
         | Kind of sucky, to be honest.
         | 
         | I'd just love to hear that the idea was shit, the application
         | was shit, that my face was ugly, or anything, really.
        
           | TechDebtDevin wrote:
           | Probably hard to give valuable feedback on tens of thousands
           | of rejected applications.
        
         | firefax wrote:
         | I keep forgetting there's a front page to this website. What a
         | cool story!
        
         | whiplash451 wrote:
         | Quick bump for The Social Radars which is an amazing podcast
         | co-led by Jessica. A treasure trove of true startup stories.
        
       | urda wrote:
       | I thank dang for putting up with me.
        
         | ok_dad wrote:
         | ... with all of us.
        
         | bloomingkales wrote:
         | I confess.
        
       | ryanisnan wrote:
       | Happy birthday YC!
        
       | npodbielski wrote:
       | Hacker News is just 19 years old? I remember my professor at
       | university mentioning it when I told him I am using .net for my
       | project. According to him I should use OS language like Java and
       | recommended me to HN. I thought it is much older. Time flies.
       | 
       | I wonder if he is raeading HN still...
        
         | weinzierl wrote:
         | Y Combinator is 19 years old. Hacker News was launched in
         | February 2007, so it just turned 18.
         | 
         | For the longest time I thought Hacker News must have been some
         | proof of concept for Reddit and must pre-date it, which is not
         | true. Reddit was launched in June 2005, shortly after Y
         | Combinator.
        
           | paganel wrote:
           | As I remember it HN was initially a "response" to Reddit
           | written in Arc, as by that point Reddit had already become
           | focused on politics and some other more general stuff and had
           | left its programming focus behind. HN was meant to fill that
           | gap, with the important addition of the "entrepreneurial" /
           | start-up business mambo-jambo behind which I could never get,
           | but there were a lot more people that did get it seriously
           | back then and which now have a lot more assets than people
           | like me (didn't care about start-ups, we were in here only
           | for the programming stuff) now happen to posses. Lesson
           | learned, I guess.
        
       | DiggyJohnson wrote:
       | Appreciate this community. HBD Y!
        
       | bdamm wrote:
       | HN has been an outstanding corner of the Internet, seemingly
       | invulnerable to all the trash that has consumed the rest. I'd
       | love to know how HN has avoided the bots and the spam, while
       | retaining a simple and elegant login process.
        
         | IsopropylMalbec wrote:
         | A benevolent dictator.
        
         | light_triad wrote:
         | dang is an amazing moderator
        
           | zfg wrote:
           | Nah, he's become a cynic. dang thinks Hacker News is a "swamp
           | of amnesia". It's not a great attitude.
        
         | xkbarkar wrote:
         | indeed
        
       | keybored wrote:
       | I sometimes forget that this is a venture capitalist website with
       | a weirdly computer science name. Okay fine. You can have this one
       | day, main YC website.
        
       | smcl wrote:
       | Has Garry not turned out to be a bit of a weirdo in the last
       | couple of years?
        
       | thom wrote:
       | Founders - what would the ideal accelerator (or call it what you
       | like) look like today?
        
         | 0xCE0 wrote:
         | I'd say the only real reasons any founder needs
         | "accelerator"/any kind of VC firm is lack of money and/or
         | domain-specific professional help/mentoring when encountering a
         | problem that seems to be too hard to overcome by yourself.
         | 
         | So, ideal accelerator/VC would be one that would want to fund
         | your (ad)venture without taking too much motivation off by
         | having large ownership/control, and have connections/pool of
         | domain-specific professional expertise. And wants to believe in
         | you.
        
       | 0xCE0 wrote:
       | HN has been my very favorite website that I consciously open
       | every day since last ~15 years. It is the portal to get the
       | ambient and relevant view of the techland.
       | 
       | I love the near-non-BS nature of it. And even though the techland
       | changes, HN itself has had very little change, so it acts
       | somewhat safe stable ground/forum/club for observing the ever
       | changing techland. Although I recognize there is somewhat minimal
       | degration in comment quality (less professional pragmatic
       | comments over the years, at least so I feel), it still trumps
       | every other alternative there is.
       | 
       | So, thank you PG/HN, and of course the HN community that makes
       | most of it.
       | 
       | PS. I have been read-only mode for the past ~15y (and there was
       | nothing valuable for me to comment on anything), but now I
       | created account and this is my first comment :)
        
         | cobbaut wrote:
         | > HN has been my very favorite website that I consciously open
         | every day since last ~15 years. It is the portal to get the
         | ambient and relevant view of the techland.
         | 
         | I bet a lot of people here would say the same thing about
         | Slashdot ten to fifteen years ago. @HN: Thanks and please don't
         | change.
        
           | echelon wrote:
           | HN has outlasted Slashdot by a wide margin at this point.
           | 
           | IIRC, Slashdot stopped being great around the same time as
           | the decline of the Digg era. It started to sink in quality
           | around 2007, which gave it ten years at most of being a
           | central part of the online tech community (1997 - 2007).
           | 
           | I started reading HN in 2008. It's lasted nearly twenty years
           | as an incredible community.
           | 
           | Here are some graphs:
           | 
           | https://nwn.blogs.com/nwn/2010/01/slashdot-fail.html
        
         | redox99 wrote:
         | You visit every day for 15 years and never left a comment?
         | That's kinda crazy. It makes me wonder if this is actually
         | common and we don't realize.
        
           | mamurphy wrote:
           | I remember reading a stat on reddit that 10% of users upvote
           | and 1% of users comment. So if my memory is (near) accurate,
           | that's very common behavior.
        
             | dredmorbius wrote:
             | The 90-9-1 rule, which is common across _many_ mass-
             | participation media modalities, not just online.
             | 
             | <https://en.wikipedia.org/w/index.php?title=90-9-1_rule>
        
           | deadbabe wrote:
           | If you comment once on HN you are easily in the top 5% of
           | users by comment count.
        
           | hakaneskici wrote:
           | I'm at ~19 years - HN as daily home page since inception :)
           | 
           | Before HN, I used to hang out on Joel on Software and Eric's
           | Business of Software forums; I occasionally used to post
           | there and here but lost old accounts. If you have friends who
           | have friends who has HN archeology skills and access, maybe I
           | can recover my old account :)
        
             | dang wrote:
             | We can try to dig up your old account if you want! You're
             | welcome to email hn@ycombinator.com, or if you want to "do
             | it live", post here and we can ask for the community's help
             | if needed.
        
               | hakaneskici wrote:
               | Thank you so much! Sent an email :)
        
           | miki123211 wrote:
           | I have plenty of semi-technical friends that do this. Some of
           | them only look at the links (e.g. via social media bots), and
           | aren't even aware that HN has comments.
           | 
           | They're the kind of people who consider themselves "tech
           | enthusiasts", they can install a nifty tool via pip if the
           | instructions are clear enough, maybe even figure out what's
           | wrong if there's an error, but they're definitely not
           | programmers by any means.
           | 
           | Quite a few of them speak "tech English"; they can figure out
           | a settings window or a signup form, they know enough tech
           | vocabulary and basic grammar to mostly understand manuals,
           | maybe with some help here or there, and can barely string an
           | English sentence together. Ask them to define "lettuce" or
           | "salmon" and they're lost.
        
           | kbenson wrote:
           | Probably. I created my account almost 13 years ago, but I
           | read for years before creating it. I didn't create a reddit
           | account until 2014, or a twitter account until 2015. I was
           | reading Slashdot in the 90's though, to give you a sense of
           | my age and how long I've been following stuff. I'm just a
           | very late adopter...
        
           | nniroclax wrote:
           | Absolutely. Some of us see (or at least I see) the level of
           | discussion and feel it would be hard for me to say something
           | worthwhile that sounds kinda smart. So I mostly lurk while
           | being grateful for those who do write incredibly insightful
           | comments.
        
           | romanhn wrote:
           | Very common. I was a daily reader of Slashdot for ten years
           | without ever creating an account. Took me only five to create
           | one for HN :)
        
         | mezi wrote:
         | Same here. I have been reading this site for 10 years and even
         | though it got a bit worse, it's still the best source out
         | there. Keep it up everyone.
        
       | HPMOR wrote:
       | YC built the culture of the valley, community and startups <3
        
       | thomasfl wrote:
       | My HN account is 18 years old. Still no successful businesses to
       | speak of after a few attempts. Have started an NGO instead to
       | promote better urban planning and design.
        
       | hypertexthero wrote:
       | Happy birthday, YC!
       | 
       | There isn't a website on the internet that I've learned more from
       | than this one.
       | 
       | Thank you.
        
       | computerex wrote:
       | Long live Y Combinator, the source of endless inspiration and
       | innovation.
        
       | agluszak wrote:
       | HN is cool, the startup factory - meh
        
       | paul7986 wrote:
       | Been and enjoyed HN since the launch of Justin.tv ... 2006 /
       | 2007.
       | 
       | This exact username Ive used on and off from 2007 to 2013/2014
       | then solely since then. My karma is low for such an account but
       | my thoughts are odd lol ..i guess
        
       | codr7 wrote:
       | Been here since day 1, I was already semi-following PG because of
       | his writing on Lisp.
        
       | 7e wrote:
       | YC has been exploiting naive founders for 20 years. Congrats
       | everyone.
        
       | submeta wrote:
       | Started reading HN nine years ago, when I screwed up my third
       | startup the year before, was devastated, and needed some
       | inspiration. And among the shared news were stories that inspired
       | me again, that made me come back to this site every single day
       | ever since. I like the cultivated discussions, like the things I
       | learn about, and I feel like I never miss any tech trend.
       | Excellent community. Love it.
       | 
       | Thank you PG, thank you Dang! Thank you to all the contributors
       | for the high quality content.
        
         | itsthecourier wrote:
         | what happened next!?
        
       | very_good_man wrote:
       | Hey as a 20th birthday gift to the internet, why not stop
       | censoring comments?
        
       | octernion wrote:
       | why on earth did they not post this directly to HN? who goes to
       | twitter in 2025
        
       | antirez wrote:
       | [I guess the tweet refers to YC the incubator, not the web site
       | of news, but I want to focus on the latter]: I registered on HN a
       | few days after it was created. The HN community was incredibly
       | instrumental to my career, my ability to keep up with the
       | development community, with like-minded people, and to have a
       | voice, the times my posts and projects reached this home page.
       | Thank you, for for all of that. Now, I see that, inevitably, as
       | this place becomes bigger and bigger, there is no longer that
       | strange, odd and wonderful "90s News Groups" alike quality.
       | Despite the decline, I still find quite some value visiting this
       | place every day.
        
       | callc wrote:
       | HN is the only internet community I've found to be largely good.
       | Thank you to everyone for all your kind posts and comments, and
       | intellectual discussion. Love to you all.
        
         | Freedom2 wrote:
         | Agreed. Thank you to all for the endless curious discussion.
        
       | harryquach wrote:
       | I love this community, the only social media worth investing time
       | into. Here's to another 20 years.
        
       | bflesch wrote:
       | Thankful for this nice community.
       | 
       | Also thankful for demonstrating that investors are just lucky
       | humans and there is no secret sauce to all of this. 20 years of
       | YC, nearly the same time frame as the low interest rate policy
       | (started at 2008). The rising tide lifted all boats and thanks to
       | social media we can also see the magic go away in real time.
        
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