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Of course this is true, YC is a sweatshop explotation model which works on finding winning lottery tickets through a "million monkeys" method. They can't afford
by 7e 2y ago
Of course this is true, YC is a sweatshop explotation model which works on finding winning lottery tickets through a "million monkeys" method. They can't afford to give anyone much money, they spread their bets thin. That's why they fund anyone with a pulse, and most of these founders will end up trashing their careers on failure.
- tim333 2y agoI saw some stats that about 40% of YC companies are successful and those make an average of $40m or some such. So much better than lottery tickets. Of those that fail I'd imagine a lot go on to FAANGs or other startups rather than career failure.