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Allegations are circling the web that a side effect of the (also alleged) startup bubble is that there are more good founders than good ideas. The purported eff
by 11thEarlOfMar 11y ago
Allegations are circling the web that a side effect of the (also alleged) startup bubble is that there are more good founders than good ideas. The purported effect is to water down the societal value of the products and services that are produced by companies exiting accelerators and incubators.
A few obvious counter arguments come to mind right away, such as YC's startups in fusion energy and non-profits like Watsi. If I could, I'd Google up a histogram of funded startup business models as granular as 'restaurant food delivery' or 'pre-packaged home cooked meals' and see where the ideas are concentrated.
What is your opinion on the aggregate? Does YC have any formal or informal policies aimed at balancing the mix of weighty vs. frivolous businesses?
- sama 11y agoSome of the most important startups start out looking incredibly ambitious. Others start out looking incredibly trivial, but with users that are in love with their product. We like funding both.