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Was this article written in response to Seth Levines comment? What Seth Levine doesn't know or doesn't want to tell is that a lot of YC alums could raise the 5K
by eposts 19y ago
Was this article written in response to Seth Levines comment? What Seth Levine doesn't know or doesn't want to tell is that a lot of YC alums could raise the 5K/founder on their own, so money is NOT the primary reason they are there.
- pg 19y agoNo, I'd been working on it for a while. I'd been thinking of taking that footnote out, since it seemed like everyone now finally understood us. But when I saw that old dumb argument again in the USA Today article, I decided to leave it in.
- ordersup 19y agoI can't help but laugh at the audacity of another tech-related investment firm commenting like that. He is trying to persuade people that YC is just writing cheques.
- pg 19y agoI'm never sure whether such people are clueless or deliberately misleading. I'm inclined to give most the benefit of the doubt and say clueless. When you change the model for something, it takes people a long time to get what you're doing. I remember from web-based software.
- pg 19y agoMaybe this is not so innocent as I thought. Apparently Seth Levine is the partner of Brad Feld, the founder of Techstars: http://www.foundrygroup.com/team.php http://www.foundrygroup.com/team.php What a slimy move. It won't make any difference in the long run though.
- garbowza 19y agoDefinitely self-serving move, and certainly won't make any difference in the end... articles like the USAToday one always need to find that contrarian view in order to seem unbiased. I'm sure Seth Levine was all to happy to provide them the material. But how would you feel if you were a Techstars startup group and you see him making comments like that - blasting the model of his partner's program!?
- eposts 19y agoGood catch Paul! Surprise, surprise Seth Levine is a "mentor" at Techstars: http://www.techstars.org/site/page/pg5883.html http://www.techstars.org/site/page/pg5883.html What a shame!
- KB 19y agoPossibly not the sole reason, but the first footnote leads on to this.