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This kinda looks like an apprentice-ship training system! The master adviser trains up a few keen trainees, these then in turn become masters who train more app
by jurjenh 15y ago
This kinda looks like an apprentice-ship training system! The master adviser trains up a few keen trainees, these then in turn become masters who train more apprentices etc...
Maybe it IS a pyramid scheme all along! I did have my suspicions with the recent discussion / evaluation of YC performance.
- justin 15y agoA pyramid scheme is a zero-sum game where wealth accrues up the pyramid in exchange for promises of future riches to the new recruits. YC startups thus far have been a positive sum game to the tune of $4 billion. Additionally, new YC companies aren't required to pay anyone for the things YC provides (as opposed to a pyramid scheme).