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What’s ironic is that Michael Seibel has discussed many times on the YC podcast that you should avoid building whatever’s hot for VCs because their attention te
by waprin 2y ago
What’s ironic is that Michael Seibel has discussed many times on the YC podcast that you should avoid building whatever’s hot for VCs because their attention tends to change every year but you’ll be stuck building for a decade.
2020 was remote work, 2021 was web3, now we have the big LLM boom.
Honestly it seems there’s a lot of advantages to “riding a wave” and a lot of advantages to being contrarian. But if raising money is your priority I do think you should ride the wave. Being contrarian sounds romantic, but don’t expect funding from people who disagree with you.
The most charitable thing I’d say about YCs AI focus is it’s hard to think of a startup idea that couldn’t benefit from AI in some way.
- serial_dev 2y agoOn the other hand, I can see how basically any product can have some useful features backed by AI. I never felt that with web3.
- baxtr 2y agoThat’s because you don’t understand the value of a decentralized blockchain in a zero trust world! /s
- coldpie 2y agoHonestly, I think any person or organization that bought in to the blockchain hype should be barred from making any financial decisions of consequence. If they bought into a scam as obvious as the blockchain crap, they're clearly not capable of holding any real responsibilities.
- baxtr 2y agoLike the idea. Let’s find those people and put their names into a non-permutable distributed blockchain database in the cloud with public access!
- deadwindsails 2y ago> What’s ironic is that Michael Seibel unfortunately Michael is no longer running things and it shows in the lack of long-term vision vs. hypecasting Garry has had this rep for a long time-disappointing to see this changing of guard
- baxtr 2y agoHypecasting is a nice word
- deleted 2y ago[deleted]
- fendy3002 2y agoTbf I feel remote work really improved significantly in the past years, though I don't know if the contribution from those startups matters or not. Web3 and blockchain is a moot, there's little to no practical reason to have them. AI though, will be very useful, at least a good one. Theoretically, AI can swim in a good ocean of company documentations and save time searching. They can help doctors diagnose a ct scan faster (if not already).
- infobot 2y agotrue but you have to participate at all costs in whatever's hot for engineers and consumers, and that is definitely AI
- password4321 2y agoRaise (this year: AI!) then pivot
- threeseed 2y agoHere is Michael and Dalton talking couple of weeks ago about how new technologies create new businesses. Basically starting with the technology and then finding problems. The very opposite of what YC has been promoting all these years. https://www.youtube.com/watch?v=KxjPgGLVJSg https://www.youtube.com/watch?v=KxjPgGLVJSg
- baxtr 2y agoThis is really insanity. They just come up with some BS and spread it for marketing purposes only.