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Even YC is cowed into silence by the might of China. Understandably so, even if somewhat cowardly. Does YC want China to boycott or otherwise disable YC compani
by crystaln 7y ago
Even YC is cowed into silence by the might of China. Understandably so, even if somewhat cowardly. Does YC want China to boycott or otherwise disable YC companies? Does YC want to threaten any future relationship with China? No. So they keep mum as to their real reasons.
- Analemma_ 7y agoDon't be silly, Sam Altman said that he was much more comfortable discussing controversial ideas in Beijing than in San Francisco; YC couldn't possibly be self-censoring because of fear of Chinese reprisal. /s
- tptacek 7y agoThese criticisms don't even make sense. YC is announcing that they're not expanding formally into China, which is something China very much would want them to do.
- psds2 7y agoI am sure China would gladly welcome YC and all the IP it has access to. There is no question China presents an opportunity to generate capital returns on a scale that YC can no longer achieve in the more mature US venture capital market. They also present many risks that are hard to put in an equation.
- azinman2 7y agoUntil they make it be partnered with a local company, which eventually forces a majority ownership, spins out, and YC is left with nothing.
- tptacek 7y agoAgain: they are withdrawing from China. There's nothing to spin out.
- koolba 7y agoChina is the ultimate long game and they tend to have long memories as well.
- larnmar 7y agoEveryone says China is stable but they’ve had two bloody revolutions in the last century-and-a-bit. Whoever the next Chinese government is, they probably won’t look kindly upon those who collaborated with the CCP.
- throwaway2048 7y agoChina could still do a lot of harm to both YC companies and what and who remains of YC china/MiraclePlus. Its pretty obvious that the boss woke up one day and gee we decided to completely withdraw from a country isn't the whole story.
- unityByFreedom 7y agoWhy disturb waters unnecessarily? YC's statement seems more like "let's wait for a better time" than self-censorship. If YC truly saw no chance for YC-China in the future, then I don't doubt they would come out and say so. However, that's a pretty strong statement, and I don't think anyone can make such a prediction. There is always a chance for a more serendipitous time in the future.
- unityByFreedom 7y agoPlease do me the courtesy of writing a reply if you're going to downvote. Thank you.