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> not making any bets in crypto is not a sensible accelerator. You need to make bets everywhere and hopefully some stick. Thats not how it works; VC's are allo
by blitzar 4y ago
> not making any bets in crypto is not a sensible accelerator. You need to make bets everywhere and hopefully some stick.
Thats not how it works; VC's are allowed to pass on anything they want, and it turns out they dont cut a fat cheque to every idiot who knocks on the door.
- gitfan86 4y agoAnd how many Porn companies has YC funded? Zero as far as I know, is that because porn related companies have zero chance of being profitable? Or is it that they take a moral stance against that industry?
- blitzar 4y agoNor as far as I know are they in the asphalt industry, likely because they are focused on tech. I am sure some people out there find asphalt a moral issue (I personally dont) but I suspect they are not spraying some funding around in that industry because it isnt really of interest to them or their investors.
- gitfan86 4y agoImplying that the Porn industry has no overlap with Tech is a stretch. Over 30% of internet traffic is adult content.
- blitzar 4y agoI implied nothing of the sort. Porn is 99% tech these days. Ashpalt laying is 1% tech.
- Scoundreller 4y agoLots of asphalt tech opportunity, just not so much electronic tech. And timelines are long. I’m disappointed that we still do cold patches instead of heating the surrounding asphalt when filling potholes. That’s where I’d transfer soldering technology into asphalt.
- anamax 4y agoYC only invests in companies that have a reasonable chance of having an exit. Porn companies don't have exits.