3 ms·
I think this is actually a feature not a bug. YC can mitigate risk for many companies who still get great value out of it, while also investing in moonshots kno
by gamerDude 5y ago
I think this is actually a feature not a bug. YC can mitigate risk for many companies who still get great value out of it, while also investing in moonshots knowing that they will get enough of their money back from the less risky ones.
That means YC and the world gets to see where the moonshots go by supporting the less risky!
- ankit219 5y agoI don't think there is anything wrong with it. They can do whatever they like, just that it felt weird given what YC promised earlier (not sure if they promise the same thing now). The other aspect of this is their target market (Seed investors) is also very much market risk averse, and invest heavily in execution risk businesses. They like their Saas multiples and GM very much.