Why is Y Combinator's reputation significantly better than 500 Startups or Techstars? What did they do early on & as they grew that compounded the value of their returns & reputation?
Much larger scale, and Dave McClure I would assume? YC only takes a fraction of the companies per batch, and didn't franchise to various cities with debatable quality.
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Were 500 and Techstars always less selective than YC or did they feel like they had to have a higher acceptance rate to "keep up" & didn't realize quality lowered in the process?
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Agree abt franchising to diff cities; does seem like it watered down the value for Techstars.
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