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Eery if you replace "SPACs" here with Startups and VCs... isn't that how YC works as well? They buy revenue for all their startups and then offload it on new in
by bfeynman 4y ago
Eery if you replace "SPACs" here with Startups and VCs... isn't that how YC works as well? They buy revenue for all their startups and then offload it on new investors they bring in....
- bombcar 4y agoThen you start noticing how many VC companies are using products from other VC companies …
- slowhand09 4y ago[flagged]
- rchaud 4y agoYC was supposed to be small in scale, $100k tops if I remember. That would buy a tiny amount of runway these days, but certainly not Airbnb/Uber levels of subsidized prices that lead to the easy sales.