These have been looked down upon, but IMO that's b/c of their execution, not b/c the concept isn't valuable.
Because the world benefits from more founders.
Why? Aren't there too many founders?
No IMO. More good founders likely means more overall innovation
Why? Aren't there too many investors? isn't there too much capital?
No IMO. Maybe it hurts the average investor, or has some negative side effects, but it also leads to more founders which is net positive:
Well, YC worked. It was a specific type of education for a specific type of founder.
Now that it's easier for non-technical founders to build products, more people can more easily be founders.
That would be great, but that constrains the pool significantly, and many co-founder teams don't fit that bill.
It's great when solving their own problem and/or they've been thinking about it for years, but doesn't have to.
There might be some truth there, but they prove too much in their conclusion.
More here:
Shouldn't founders just be the "true believers"?
Not if you believe startups are good for the world, then you want more.
Military does OK:
I'm not talking about building a licensing institution. No founder should be looked down upon for not going through such a program.
But the ones who want should get it.
There's no substitute for actual founding
If such a program prevents people from building, or makes them feel they need the program as permission, it's a failure.
Success is correlated w/ spurring new companies.
But they'll always need $, so they should view it as a complement
Startup education has been democratized
Excited to see more pop up: the skills gained by such a program (& more so by actually founding) are helpful no matter what you do