You are trolling. Clearly you are just trying to get a rise. Regardless, my response:
you think average would be a better measure
I never said that and no I don't.
given PG's track record
Blind acceptance of whatever you idle says. Pathetic, really.
attacking the person rather than the statement
It is you supporting the person instead of what he is saying. I was only attacking the statement that having the highest median score disproves that there is any bias.
Yes, I've come to realize that investors who spend the majority of the time asking me about the legality of my startup really don't have any experience with, or understanding of these types of startups.
Heavily skewed voting can be WORSE than having no information at all. Considering that 95% of the commenting here is disagreement, THAT'S a no-brainer.
Great point. This has always stuck out as an incredible demonstration of the failure of online tech journalism. I'm surprised that more have not written about this.
I could say that for the majority of the time, face to face communications are what's failing people. It's inefficient and limiting for so many purposes.
There are times when I get more satisfaction from talking in person. When talking to the opposite sex in a non-work capacity or having beers with the guys or doing sports. For the first of those at least, 95% of the world doesn't live within constant reach of enough people to keep it interesting.
YC is a clone of Google's SOC project that occurred the prior summer. Taking on multiple projects simultaneously, providing about 5k, accepting applications, three month timeline, having frequent meetings between people and mentors, bringing in outside mentors, having a day at the end for people to present their accomplishments.
It is natural to be concerned about competitors, but everyone who is being abrasive to these other angels for copying a couple aspects is harming the angel investment community overall. YC is just a couple people with a couple MM, they can't fund everyone.
Bonus similarities: appealing to the young, first session occurred immediately after google's finished, setting up mailing list forum for those interested, primary announcement occurred on slashdot.