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That an interesting presumption. If a startup is "Backed by Y Combinator", and it pivots, you don't think that Y Combinator would have some sort of opinion on t
by latchkey 3y ago
That an interesting presumption. If a startup is "Backed by Y Combinator", and it pivots, you don't think that Y Combinator would have some sort of opinion on that?
I would expect some sort of conversation like: "Oh hey, we have another company, in our portfolio, that is far ahead of you, doing exactly the same thing. Maybe you should do something else?"
But of course, this is AI... plenty of space for gpu marketplaces.
- dang 3y agoYC partners might have an opinion and might offer advice but they're always going to support what the founders want to do—that's kind of the core principle of YC. As for "other company in portfolio", that's unavoidable when funding thousands of startups and almost always turns out to be a non-issue.
- latchkey 3y agoAwesome, makes perfect sense. Thanks for the clarity @dang. I'm curious now, if you can say. Was advice offered in this case? If so, what was it?
- dang 3y agoI'm not part of such discussions so I'm afraid I have no idea!
- 2024throwaway 3y agoPeople here think you _are_ YC. Little do they know you're far more perceptive and capable than YC.
- dang 3y agoThat's definitely not true, but thanks for the support :)
- 2024throwaway 3y agoTruth is a spectrum. I will leave my opinions on YC unpublished. Thanks for all you do.
- tptacek 3y agoThat's not how YC works. We're YC W20. We have a GPU offering. Guess how many conversations we had with YC about it. What's YC going to do? They have a tiny stake in your firm. That's the point; that's what "founder-friendliness" means. They're not your board.
- latchkey 2y agoCool, thanks for the info Thomas. I honestly have never looked into YC at all, so I'm definitely not aware of how these things work. I was posting from an honest curiosity.