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https://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 ma
by gingerbread-man 10y ago
https://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.