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re: (4) - an anecdotal example does not imply intent. Wufoo is a good PR case for YC in that it has contributed to the startup ecosystem a sustainable, profita
by fookyong 16y ago
re: (4) - an anecdotal example does not imply intent.
Wufoo is a good PR case for YC in that it has contributed to the startup ecosystem a sustainable, profitable company that creates value. It's good to see.
However, YC cannot survive on happy thoughts. The fund and LPs need to see big returns for the wheel to keep turning, and growing happy sustainable businesses doesn't move the needle enough.
Realistically, YC probably needs to push out a mix of sustainable companies for good ecosystem PR, and a handful of home-runs that keep the LPs happy and the fund financially viable. To say that Wufoo is an "example" of YC's backing of neat sustainable businesses is to see half the picture.