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This seems... odd to me. I don't understand the industry well, but if you're sugesting that YC benefits from having stakes in lots of competing companies that t
by Traster 5y ago
This seems... odd to me. I don't understand the industry well, but if you're sugesting that YC benefits from having stakes in lots of competing companies that therefore co-operate, that's a cartel, not a monopoly.
I do think the new terms are YC trying to capture more of their advantage though.
- koolba 5y agoCartel was the word that came to my mind as well. Any kind of exa-corporate relationship between companies leads to a cartel type situation. It doesn’t have to be about coordinating prices for services either. It could be as little as companies prefer to do business with a cartel member so as to open up opportunities with other members.
- heavyset_go 5y agoCartels can be monopolies.
- ratkutti 5y agoCartel - this is an amazing perspective on hindsight, that for the most part accurately describe them. Wow.
- Dracophoenix 5y agoI wouldn't call it a cartel either. YC funds companies that compete against each other in multiple spaces. If you think YC is a cartel, I wonder what you'd think about Harvard or Stanford.