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I'd argue the fact YC is an American incubator also has a lot to do with who YC companies target. A lot of internet VC-backed startups don't particularly depend
by jarek 14y ago
I'd argue the fact YC is an American incubator also has a lot to do with who YC companies target. A lot of internet VC-backed startups don't particularly depend on their users spending money.
- wheels 14y agoMy point was (fairly obviously) an analogy. However, almost all startups have one of two business models: either they sell things to their customers, or they sell advertising space to people who want to sell things to their customers. Both require customers who spend money.
- graue 14y agoRemember, if you're selling ad space, the advertiser is the customer. The user is the product. Nitpicky, but important. Your explanation works if you replace "customers" with "users".