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"Wow, 11 of these 50 were funded by Y Combinator:" - Paul Graham via Twitter - worth a read of that thread in which PG also notes that he has had nothing to do
by aresant 8y ago
"Wow, 11 of these 50 were funded by Y Combinator:" - Paul Graham via Twitter - worth a read of that thread in which PG also notes that he has had nothing to do w/class selection since 2014:
https://twitter.com/paulg/status/1095075300852019201 https://twitter.com/paulg/status/1095075300852019201
- sametmax 8y agoThat makes it sound like a PR piece.
- asadlionpk 8y ago*submarine
- jd20 8y agoMade me wonder how likely it was that "Funded by YC" was one of the criteria used by the analyst to come up with the list.
- DenisM 8y agoIt has to be. Many people know how to write software, only few get ongoing advice from the industry's top advisors and have a line out the door to fund them. King-making is a thing, even if only a partial thing.
- amackera 8y agoRelevant PG essay: http://www.paulgraham.com/submarine.html http://www.paulgraham.com/submarine.html
- jjeaff 8y agoThat's like Warren Buffet saying "wow, look how so many of the stocks Berkshire Hathaway invested in shot up in value right after investing." The fact that y combinator invests in a company automatically gives them a leg up in raising tons of money at higher than normal valuations.