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I think all your points are nonsensical, bordering on insane. "Shrink the available pool of founders"?? In country of 300 million, how in the world is that eve
by macspoofing 14y ago
I think all your points are nonsensical, bordering on insane.
"Shrink the available pool of founders"?? In country of 300 million, how in the world is that even possible for a relatively tiny incubator to do??
"Split ownership to manipulate the startup" - YC takes a 5-10% equity stake!
"YC effectively forces successful single founder companies like Dropbox to dilute themselves and gain a founder" - HOW?!?!
- mgkimsal 14y ago..."Shrink the available pool of founders"?? In country of 300 million, how in the world is that even possible for a relatively tiny incubator to do??... It's not a pool of 300 million that would be included. The number of people that are considering starting venture-backed companies that are "swinging for the fences" by trying to build a 9-figure company is much much smaller than 300 million.
- macspoofing 14y agoOBVIOUSLY 300 million are not doing start-ups. But it is a country of 300 million and the biggest economy of the world. I cannot imagine that a little incubator that signs 100 start-ups a year can possibly "shrink the pool of founders" in any meaningful way. Give me a break. It's idiotic to claim that.