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In this case, though, isn't it working against those consequences that you mention? YC's contribution to a non-US company, in terms of guidance, doors opened et
by mapleoin 10y ago
In this case, though, isn't it working against those consequences that you mention? YC's contribution to a non-US company, in terms of guidance, doors opened etc., might be bigger than the money they get back through selling their share of the startups. This will be a net-negative for the US economy and would have created wealth, elevated working conditions etc. elsewhere in the world.
- lkbm 10y ago> In this case, though, isn't it working against those consequences that you mention? YC's contribution to a non-US company, in terms of guidance, doors opened etc., might be bigger than the money they get back through selling their share of the startups. YC's existence is based on that not being the case, on average. This is a negative for the US economy not because YC is losing money, but because if we'd let these companies start in the US, we've be getting significantly more of the gains.