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> One of the bad learnings you get from YC is that there’s a formula for success, and it looks like this: First you do some brainstorming. Then you come up with
by neilv 3y ago
> One of the bad learnings you get from YC is that there’s a formula for success, and it looks like this: First you do some brainstorming. Then you come up with a good idea that can scale to a billion dollars
What if we have an unusual social media idea for which the reason it works also means it stops working once it's worth a billion dollars?
(Specifically, once it's that valuable, it's too high visibility, and is hit with too much adversarial manipulation, destroying what was most valuable about it. Then it's just a generic property, little different than the competition.)
(Obviously, HN itself has had better success and longevity than most, despite its rising visibility. OTOH, the Reddit front page seemed to get taken over ages ago, and then they still had to chill for more than a decade before IPO.)