2 ms·
More than the specific $ figure or % ownership etc (these are all minor details), what I'm interested in is the "general goal" of YC's approach. What the YC ap
by supernova87a 5y ago
More than the specific $ figure or % ownership etc (these are all minor details), what I'm interested in is the "general goal" of YC's approach. What the YC approach is aimed at creating and incentivizing founders to do, and how it might be different from other VCs.
PG himself wrote about the dysfunctions of ("typical") VCs here: http://www.paulgraham.com/venturecapital.html http://www.paulgraham.com/venturecapital.html i.e. emphasizing and incentivizing growth at all costs, stealing ideas, interfering with intelligent (but slower) management of a company.
I assume that by contrast (if he's writing that), YC must take a different or better approach or philosophy.
Is that true?
edit: I'm being downvoted for asking an important but I guess slightly uncomfortable question?