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Good accelerators don't make exploding offers. People who make exploding offers are not just bad, they're also acutely aware of that fact, thus the manufacture
by _sentient 11y ago
Good accelerators don't make exploding offers.
People who make exploding offers are not just bad, they're also acutely aware of that fact, thus the manufactured scarcity.
- beambot 11y agoI don't know. I think a reasonable person could construe the YC statement [1] as manufactured scarcity too, even if YC makes the statement for sound reasons. It could be construed as a pre-exploding offer (or threat). Not that I agree with that interpretation; I think YC's viewpoint makes a lot of sense -- especially if it is a proven negative indicator of success. [1] "If you apply to other accelerators, then we'll be more critical of you."
- _sentient 11y agoI think it's clear that's not the intention here. The message is basically "the clock starts ticking with funding, so expect to meet a higher bar". This is similar to the notion that a startup can "sell the dream" up until the point where they have revenue, after which they're no longer selling dreams, they're selling the trend.