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Does YC typically invest on startups that may possibly have overlapping market segments? For example Boom Aero focused on supersonic and another startup applie
by annerajb 10y ago
Does YC typically invest on startups that may possibly have overlapping market segments?
For example Boom Aero focused on supersonic and another startup applies to YC with subsonic aircraft.
From what I read typically VC firms usually don't fund two companies as such example.
- gingerbread-man 10y agohttps://www.ycombinator.com/faq/#q8 https://www.ycombinator.com/faq/#q8 Q: Will you fund multiple startups working on the same idea? A: Yes. If you fund as many companies as we do it's unavoidable you'll end up with some overlap. Even if you tried not to accept competing companies, you'd still get overlap because startups' ideas morph so much. The way we deal with it is that when two startups are working on related stuff, we don't talk to one about what the other's doing. In practice it has not turned out to be a problem, because most big markets have room for several slightly different solutions, and it's unlikely that two startups would do precisely the same thing.
- annerajb 10y agoThanks, I read that a long time ago and forgotten that was there.
- orb_yt 10y agoWhat is the name of the company doing subsonic aircraft?