4 ms·
They were funded by YCombinator. Should we expect other YC companies to go after open source projects?
by TAForObvReasons 5y ago
They were funded by YCombinator. Should we expect other YC companies to go after open source projects?
- halfmatthalfcat 5y agoI would love to know how YC does their DD because it seems like it’s the most shallow and uninformed, meme-driven process.
- lapp0 5y agoIt appears there's at least a little nepotism and/or incompetence at play, considering crap like Dreamworld got YC'd https://www.pcgamer.com/dreamworld-infinite-world-mmo-kickstarter-fiasco/ https://www.pcgamer.com/dreamworld-infinite-world-mmo-kickst...
- toyg 5y agoTbh, YC is not a public taxpayer-funded institution: they are free to fund whomever they like, be it nephews, spouses, or relatives.
- lapp0 5y agoOf course, but they're liable to damage their reputation as a VC firm if they continue funding garbage without vetting it at all, just cause someone's techbro buddy asked nicely for YC's backing.
- moogly 5y agoAnd we're free to call it for what it is: nepotism
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- bosswipe 5y agoYes but a lot of YC's value derives from their reputation which is given to them by people like us.
- detaro 5y agoWhy would funding by YC in any way suggest that a startup might not do that?