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Related: Black Swan Farming (2012) https://news.ycombinator.com/item?id=4497461 https://news.ycombinator.com/item?id=4497461 https://paulgraham.com/swan.html
by chubot 1y ago
Related: Black Swan Farming (2012)
https://news.ycombinator.com/item?id=4497461 https://news.ycombinator.com/item?id=4497461
https://paulgraham.com/swan.html https://paulgraham.com/swan.html
It is interesting that YC started as being more Founder friendly ... and I guess "Founder's Fund" did too
But there is still some divergence in interests ... i.e. if you have to make a choice between a safer O(n) path and a riskier O(n^2) path, then the investor prefers the riskier path
Or I'd be very interested in an argument that they don't