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The YC model is great but I think it's going to continue to be a place that mainly turns out companies that investors like, rather than what is a hit with the p
by david927 16y ago
The YC model is great but I think it's going to continue to be a place that mainly turns out companies that investors like, rather than what is a hit with the public at large.
Why? Because of Farmville. Because no one in their right mind could have predicted Farmville's success. And that's the learning. If you're good, you might be able to guess singles and doubles, but no one can guess the homeruns.
- trevelyan 16y agoI think YC is great. As long as the risk in early stage businesses is misvalued by the market, it doesn't really matter if they hit singles, doubles or home runs. Incidentally, Farmville was not a crazy bet -- the game was a clone of a Chinese casual game called Happy Farm that was seeing insane traction in China. The US innovation was hooking it up to the non-transparent mobile subscription services that Zenga got nailed for later.