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I cannot and it's widely known how they ruin thing with example after example. I'm sure some VC has helped a few people inadvertently along the way (although it
by CosmicShadow 5y ago
I cannot and it's widely known how they ruin thing with example after example. I'm sure some VC has helped a few people inadvertently along the way (although it was likely the founders, to the chagrin of the investors, that did anything positive). The VC business is to make money, no matter how shitty they make things, by blowing them up or letting them die, they don't care for anything else, why would they.
I would think most people view YC more in line with the Angel round, which is an entirely different view point; Angel's are actual helpful people who did something on their own to achieve success (not poser VCs) and/or are mentors and coaches who want to give back, but it's unfortunate that people need to go beyond angel to VC, and the expectation from the angels is that you must or they won't make their money.
Just because we are on a YC forum doesn't mean we have to suck the industry's dick.