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a large part of what investors invest in is the team. YC tends to do quite a few second investments, because they've already decided that they believe in the te
by drusenko 18y ago
a large part of what investors invest in is the team. YC tends to do quite a few second investments, because they've already decided that they believe in the team. i would peg this investment as one of those -- that the idea was much less important in the decision than immad and jude forming the team was.
- dhimes 18y agoOuch. Then the question this hypothesis brings to mind is, why didn't they have Immad and Jude build a different product?
- tptacek 18y agoBecause YC isn't obliged to force teams to change the project ideas that they bring to the table based on any of the hundreds of applications they didn't accept?
- immad 18y agoI am going to put that down to the free thinking nature of Immad and Jude. YC doesn't make anyone do any product, its the teams choice what they do.