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I too found it a bit strange that the list didn't include software, or at least some specific types of software. I can assure you though that YC does invest in
by jdoliner 10y ago
I too found it a bit strange that the list didn't include software, or at least some specific types of software. I can assure you though that YC does invest in this and doesn't exclusively look for software that can be built in a weekend. My startup, Pachyderm [0], is a pretty good example of this that they funded in W15. A ton of other hard tech software startups have come out of YC including: Docker, CoreOS, Memsql and RethinkDB. In general I think it's one of their more successful verticals, although probably not quite as successful as consumer software.
In general I think you are right that VCs have the bias you're talking about though. Not all VCs but many. It's not totally irrational, software that can be built in a weekend has fewer risks associated with it and can have just as much upside. However there are many very problems that are worth solving and can only be solved with complicated, hard tech, software. Investors with this bias cut themselves off from this opportunity.
[0] https://www.pachyderm.io https://www.pachyderm.io