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I'd be curious to know what YC is doing about these VCs - obviously telling them to go fuck themselves w/r/t demo day and other program access is a start, but w
by exogeny 8y ago
I'd be curious to know what YC is doing about these VCs - obviously telling them to go fuck themselves w/r/t demo day and other program access is a start, but what else? This is where YC has a platform to be a part of the solution and name names.
- jnovek 8y agoYC advises founders on who they should raise money from. They also pick who to invite to demo day. It’s not all the leverage in the world, but the valley is small and, for a VC partner, deal flow is everything. For those women who do want to take a stand — and I understand why the majority don’t, there is a massively lopsided power dynamic between founders and investors — YC is providing resources (according to the article). Edit: Also, maybe someday they’ll be in a position to name names, but right now it risks the anonyminity of those reporting. As an alum I hold YC to a high standard — its likely the most distinguished thing on my resume — and if they’re in the position to out the bad guys someday but don’t for political reasons, I’ll be just as mad as you are.