4 ms·
> Oddly enough, all of these companies are YC backed, and yet in competition with one another. Doesn't seem that strange to me. If you're spending 1x on backin
by indigochill 5y ago
> Oddly enough, all of these companies are YC backed, and yet in competition with one another.
Doesn't seem that strange to me. If you're spending 1x on backing each startup, you're expecting most of them will fail and one of them will return 50x. It's mostly just a numbers game.
- debarshri 5y agoIt is unfair from a startup perspective because you are also backing the competitor. Question becomes whom do you prioritize? How do you prioritize help?
- lastofthemojito 5y agoFeels like a micro version of Matt Levine's Stock Market Inc model of competitors who share the same owners and thus occasionally are directed to work towards a common good. https://www.bloomberg.com/news/newsletters/2021-02-24/money-stuff-the-vaccine-is-not-a-competition https://www.bloomberg.com/news/newsletters/2021-02-24/money-...
- ngokevin 5y agoThere's no prioritization for help. It's not like YC is running the businesses or anything is zero-sum because they both have the same and equal resources and access for guidance.