3 ms·
It’s clear why this is good for YC, but it’s probably also not terrible for founders. I’ve heard of funds that avoid funding competitors passing in investments
by seizethecheese 2y ago
It’s clear why this is good for YC, but it’s probably also not terrible for founders. I’ve heard of funds that avoid funding competitors passing in investments because they didn’t want to be locked out of other startups in the space. This removes the perverse incentive that the better your idea, the more scrutinized you might be as a founder.This also allows YC to be fund a lot more companies than otherwise.