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Perhaps I'm misunderstanding but when someone says investors in regards to ycombinator/entrepreneurship/software they are referring to early stage startup inves
by criley2 4y ago
Perhaps I'm misunderstanding but when someone says investors in regards to ycombinator/entrepreneurship/software they are referring to early stage startup investors, angel investors and investors in series A, or later rounds.
They're saying that the folks who invest in new software startups (like ycombinator) are a little too buzz-wordy, a little too influenced by "disruption opportunity" and as such are constantly trying to invest in "the next thing", and in this case, that is web3.
I think the counter to that is that many investors are trying to invest in good teams and not necessarily good ideas, because many (most?) unicorns look very different at $1B as they did at employee #1, with a very different product. Good teams with bad ideas can pivot and succeed, but bad teams with good ideas can still fail.