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In addition to what others said, this belongs at the top of HN because one of HN's primary missions is to be the social media platform of the California VC comm
by dougmwne 7y ago
In addition to what others said, this belongs at the top of HN because one of HN's primary missions is to be the social media platform of the California VC community. The IPO is the final crowning achievement of everything that YCombinator stands for as a start-up accelerator, so the S-1 is the first very important pulling back of the curtain of exactly what the incubator-driven, VC-fueled startup ecosystem has wrought.
And in this case, the emperor appears to have no clothes. Good luck everyone. See ya in the breadlines!