The amount of wheels you won't have to reinvent if you work at another company are astronomical. From engineering practices to sales to management, there's a lot you don't want to innovate on. Starting a company is really hard, and it's even harder if you've never seen first-hand how a functional company works. Your future employees will thank you.
If you want to get rich by 30, you basically have to start a startup or get into a top small hedge fund out of undergrad.
A year ago, YC went from running 2 batches / year to 4 batches / year. We did this because we wanted to give founders more flexibility to do YC at the right time for them. It seems to have worked - a lot of founders have told us that they were only able to do YC because the new schedule fit their timeline.
Early Decision was driven by the same motivation. We talked to a lot of college students, and we learned that most graduating seniors interview for their after-graduation job in the fall of their senior year. For the ones who are interested in doing their own startup, this creates a bit of a dilemma. If they don't interview for jobs in the fall in order to apply to YC later, they're risking that they might be left without any options.
We created Early Decision so that they can apply to YC at the same time they're doing recruiting for regular jobs, the fall of their senior year. If they get into YC, they can confidently turn out their other job offers without worrying they'll be left without anything.
Note: this isn't really a new idea. We've quietly done this from time to time since 2018, but we didn't create a dedicated flow in the application software for it, so most people didn't realize it was an option. Hopefully by productizing and popularizing it, we'll make it easier for college seniors to start companies.
You can go an entire career without seeing how a functional company works.
I know, I know...there are examples! And yes, there are, but statistically, they won't be you. You're playing the lottery, only it's a lottery that steals your youth and gives you psychological problems.
If your only goal is to get rich, then don't do a startup. You have to have some more fundamental reason, or the agony will beat you.
There's many founders in the country who are just as driven and motivated, but have real-world situations that cannot allow uprooting themselves for several months, two very common ones:
- new parents
- disabled family members, or are themselves physically disabled
The discourse on Hacker News has frequently chastised companies demanding RTO, and some of the companies in your portfolio are remote-first (or remote-only), why does YC make the same kind of RTO demand with batches?
Its an outdated take to think people arent doing this
I also live in NYC. I lived in SF, during possibly the all-time greatest period of wealth creation in the last 50 years. I knew billionaires when they couldn't afford bar tabs.
I'm still telling you the truth. Every one of those people who succeeded went through hell and back, and even then there was no guarantee that there was a reward at the end of the hell.
https://www.lennysnewsletter.com/p/pulling-back-the-curtain-...
Apply now, do YC after you graduate. For students who want to finish school before doing YC. Get funded the moment you're accepted.
Sneha and Anushka, founders of Spur (S24), applied in Fall 2023 for the S24 batch using Early Decision. This allowed them to graduate in May 2024 and then do YC. They've since raised $4.5M from top investors for their AI-powered QA testing tools.
Early Decision lets you apply to YC while you're still in school and reserve your spot in a future batch. For example, you apply in Fall of this year, for a spot in the summer batch of the following year. You submit the same YC application as if you were applying for the upcoming batch. If you're accepted, we'll fund you immediately and hold your place for after you graduate.
This program is designed for students who want to finish their degree before starting a company. If you're considering working on your own startup after graduation, Early Decision makes it easy to lock in your spot.
Even if you're not completely sure yet if you want to do a startup, you should still apply. There is no downside.
Also, if you're not in your final year, you can still apply for Early Decision. You'll be able to finish the school year you're currently in, and then either join a later batch or decide to drop out and start sooner.
The most common path is students applying in the fall of their final year and joining the summer batch after graduating in Spring. But you can apply for any batch in the future within reason. The application and interview process is the same as if you were applying for the upcoming batch. Once you're accepted, YC funds you right away and confirms your future batch.
When you fill out your YC application, you'll see a question asking which batch you want to apply for. Simply select "A batch after Winter 2026" to indicate you're applying for Early Decision, and tell us which batch you'd like to be considered for.
The batch preference question in the YC application
Many students want to finish their degree or complete more of their education before starting a company. Also we know that many students spend a lot of time in Fall or during their final year applying for jobs or internships. Early Decision gives students another option: apply to YC and bet on yourself.