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Ya that is my fear. Just like the whole crypto dominated batches. My fear is Garry Tan is leading YC and he falls for every single "the current thing" in the bo
by ilrwbwrkhv 2y ago
Ya that is my fear. Just like the whole crypto dominated batches. My fear is Garry Tan is leading YC and he falls for every single "the current thing" in the book. I remember when he was pushing for so much of the crypto stuff and all of that evaporated to nothing.
- astonex 2y agoYep, since Garry took over YC has fallen off drastically in my opinion
- anthomtb 2y ago> he falls for every single "the current thing" in the book. I remember when he was pushing for so much of the crypto stuff and all of that evaporated to nothing Isn't this what an early-stage VC firm is supposed to be doing? Lots of investments in companies working in whatever the hot new tech may be. Most companies lose, some break even, one wins so big you forget about the rest. High risk, high reward, high volume is always how I thought of a firm like YC. And one expects a lot of investments to evaporate to nothing for such an industry.