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Socialcam, viddy, vine.. all precursors to TikTok.

• benreesman 5y ago
  Yes and no, but sure. The failed justin.tv-spin-off folks don’t care though, they never had any real competition because people who don’t have a locked-in outcome can’t afford to pursue impoverished, transient markets. I wouldn’t shed too many tears though: no one from that crowd is doing badly. Bad companies failing and burning up the cap table is for the plebs.
  • sjg007 5y ago
    So a good reason to do YC? I am confused... Plenty of YC companies fail but part of being in YC is the network so you can start another company, work at another YC or work for YC. That basically de-risks startups immeasurably.
    • benreesman 5y ago
      Being backed by YC is one of the best indicators that a startup will succeed. I’d advise almost anyone doing a startup to seek funding from YC. I tend to get pretty cranky (as you can see) about the old-boys network that’s emerged around it, but that in no way diminishes the value to a founder of being in that network.