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No one's really arguing that YC is technically a monopoly. That would be pretty ridiculous to assume since YC is not really a traditional business in of itself
by soheil 5y ago
No one's really arguing that YC is technically a monopoly. That would be pretty ridiculous to assume since YC is not really a traditional business in of itself and is not selling a product to consumers (not that this is the only way for something to be classified as a monopoly). So of course the term monopoly shouldn't be applied literally.
The spirit of the post still remains true and I think we'd better off if we started a healthy conversation around it instead of forming straw man arguments.
- ipaddr 5y agoYC isn't monopoly for angel investors. They are a high profile investor who invests in batches. Popular and well known. Compare them to coke or McDonald's.. top of their industries but other brands exist offering a similiar product and they are not monopolies