4 ms·
I am not VC but I think this is kinda apparent from the get go. In early stage you are betting on and nurturing a small team with a full-of-hope business plan.
by xyzelement 4y ago
I am not VC but I think this is kinda apparent from the get go.
In early stage you are betting on and nurturing a small team with a full-of-hope business plan. They need relatively small bits of help that can go a along way. So both "who you are chosing among" and "how you are helping them" is very specific.
With bigger companies, the team and the business plan is more proven and they need help navigating size and scaling their offering - a very different set of people you are chosing from and what they need from you.
I am sure there's a lot of additional nuance.
- roflyear 4y agoIf it is, bad look for YC: obviously they did not think it was apparent, and they should be the experts.
- cm2012 4y agoYC took a risk with a new division and then closed it when it didn't work. That's not a "bad look" at all.
- roflyear 4y agoIt's a bad look if it's "obviously why it didn't work"
- xyzelement 4y agoTo be clear, my grandparent post is about how the two domains are obviously different. That's not the same as "obviously wouldn't work out"
- ip26 4y agoIf you fail to do something hard, it’s easy to guess why; it was hard. But that doesn’t impute it was foolish to try.
- xyzelement 4y agoThese are two separate topics. The things are obviously different. Why YC thought they might be synergic and where that went wrong is a separate question. I have no idea.
- rosywoozlechan 4y ago> bad look for YC I guess don't apply to them for seed funding for your next big idea if you don't like the way it makes them look.
- roflyear 4y agoI wouldn't! They take too much of an ownership %.