More than 18000 startups applied, and at the 0.8% accept rate, the prestige and hype seem to be at the all time high .Yet these metrics show a more intriguing question that has venture capitalists and industry observers scratching their heads. The history of technology adoption suggests that the most valuable companies often emerge in the second or third waves of innovation, after the initial infrastructure has been built and market needs become clearer. The ultimate test will be whether YC's focus on practical AI applications and sustainable business models generates better risk-adjusted returns than the massive infrastructure bets being made elsewhere in the market.
Author: Josipa Majic Predin, Contributor, Josipa Majic Predin, Contributor https://www.forbes.com/sites/josipamajic/
Published at: 2025-06-17 22:47:04
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