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This isn't deeply relevant to the profiled product, but I found the following characterization of YC rather odd: "Y Combinator is the early stage investment fu
by kgrin 16y ago
This isn't deeply relevant to the profiled product, but I found the following characterization of YC rather odd:
"Y Combinator is the early stage investment fund that uses a biannual, weekend-long pitch and demonstration competition to find investment-worthy companies."
Isn't it more or less the other way around? (Demo Day is a "result", not the source, of YC companies)
- mustpax 16y agoThe reporter is clearly confused about what Y Combinator is. On the other hand, that YC is described as a bi-annual award program speaks to a growing problem that I'm sure PG and Co have to face: admission into YC becomes something to covet for its own sake. I can imagine that people who are in it for the resume padding wouldn't be motivated enough to see their startup through.