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I would love to see where you've seen that. Ramen profitability is one of the most often quoted principles at YC. It's easy to make assumptions and pad them wit
by aerosmile 5y ago
I would love to see where you've seen that. Ramen profitability is one of the most often quoted principles at YC. It's easy to make assumptions and pad them with "from what I've seen," but it's not helpful to other founders.
Are there instances where it makes sense to step on the gas? Of course. Are YC valuations high, leading to large rounds and plenty of liquidity? Yes. And yet, nobody at YC will tell you to scale before you find your PMF.
- sfink 5y agoThat's fair, since I am not a founder and have no direct personal experience with YC (nor interest in gaining such). My "from what I've seen" is based on reading HN, talking to a friend who was accepted into YC but turned it down, and pg's essays. As such, I will confess that this is a bit of an uninformed cheap shot -- but given the confirmation bias of current and "successful" founders and the political/social pressure on all founders, I'm not sure this viewpoint would be exposed if it existed. I furthermore admit that my opinion is heavily influenced particularly by that last component; I find pg's seemingly rational exhortations of "how to be successful" to be slanted and self-serving. They are excellent logical argumentative essays that assume a limited definition of success and guide the reader inexorably to the best way to achieve that particular flavor of success while ignoring (and subtly implying the nonexistence of) others. I may be inferring too much about YC's actual behavior from what I glean from those (otherwise excellent) essays.