3 ms·
When did YC start? I'm pretty sure they've been funding ideas for a few years now. I think one of them turned out to be Reddit.
by dabent 16y ago
When did YC start? I'm pretty sure they've been funding ideas for a few years now. I think one of them turned out to be Reddit.
- jdp23 16y agoThe ideas that YC funds are much more than half baked, and it's not just a "few powerpoint slides".
- dabent 16y agoI didn't mean that as an insult to YC companies, or YC, but when YC started they were literally funding teams with ideas. In Reddit's case, YC convinced the team to do a different idea than what they had presented. I'm thinking YC now funds more mature companies, but that probably is a sign that there is less of a "bubble" now than there was before.
- jdp23 16y agoInteresting point ... I don't know much about YC back in the early days. Don't get me wrong, I think the right idea should be fundable based on a few PowerPoint slides. I just don't see it happening very often at all.
- nostrademons 16y agoSummer 2005.