Is this the first step in YC pivoting away being a "seed investor", where the goal is to pick winners? Does PG see the future of YC as being an alternative to post-graduate education where the goal is instead to develop winners and have a stake in their success?
If this model works out, I wonder if we'll eventually see traditional universities funding startups for top students out of their endowments.
If this model works out, I wonder if we'll eventually see traditional universities funding startups for top students out of their endowments.
Very exciting experiment, if you ask me.