4 ms·
Meh YC backs a lot of scams masquerading as businesses. This period of easy money and wealth concentration has fostered much in the way of misallocation of capi
by formerkrogemp 4y ago
Meh YC backs a lot of scams masquerading as businesses. This period of easy money and wealth concentration has fostered much in the way of misallocation of capital. Y-Combinator exists to make its owners money. Their primary concern is bloody Benjamins, not morality and the public interest.
- gsibble 4y agoAs I've said elsewhere, having dealt with them and seen who they invest in, morality does not seem to be an important aspect of YC investments.