In this exclusive interview, Michael Seibel talks about ‘hard truths in the game’ and misconceptions about YC’s position
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, Natasha and Alex asked: How is YC evolving to meet a changed market? The question is fresh off of Demo Day last week, where Team TC and TC+ banded forces to cover the twice-a-year event that sees hundreds of startups launch to the public.
These days, Michael Seibel doesn’t often do press — and neither does YC — so the interview was used to connect the dots on recent news from the accelerator, cross-check top trends from this past batch and ask about some of the biggest critiques people have about the institution today.
We went a bit long, but figured it was worth it given the way the conversation was going. Equity has a live show on Thursday, and lots more to come. Chat soon!