Silicon Valley is dominated by a few big tech companies that hire tens of thousands of employees they don't really need, in large part just to keep them out of the hands of a competitor.
With Alphabet, Inc., Google is in the process of decentralizing itself into a version of YC. They're essentially VCs now. At some point someone (maybe Alphabet) is going copy the YC model effectively and scale it up to tens of thousands of startups. It's just too damn profitable and efficient to not become the standard way Silicon Valley works.
It would be neat if in a few years all the big tech companies are basically YC alternatives and most people work for a small startup that actually makes something.
With Alphabet, Inc., Google is in the process of decentralizing itself into a version of YC. They're essentially VCs now. At some point someone (maybe Alphabet) is going copy the YC model effectively and scale it up to tens of thousands of startups. It's just too damn profitable and efficient to not become the standard way Silicon Valley works.
It would be neat if in a few years all the big tech companies are basically YC alternatives and most people work for a small startup that actually makes something.