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He's using the literal definition though, which basically describes YC: http://en.wikipedia.org/wiki/Venture_capital http://en.wikipedia.org/wiki/Venture_capita
by run4yourlives 19y ago
He's using the literal definition though, which basically describes YC: http://en.wikipedia.org/wiki/Venture_capital http://en.wikipedia.org/wiki/Venture_capital
From the front page of YC: "Y Combinator is a new kind of venture firm specializing in funding early stage startups."
In essence he's correct, but at this point it's just semantics.