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Yeah, they raise a massive round on traction from other YC companies then need to find the real Product Market Fit (enterprise and others) after that round. It'
by alpineman 3mo ago
Yeah, they raise a massive round on traction from other YC companies then need to find the real Product Market Fit (enterprise and others) after that round. It's actually very inefficient
- RobRivera 3mo agoThe flywheel!
- dominotw 3mo agoyc circular funding scam
- metoobruh 3mo agoA "self-licking lollipop."
- philipallstar 3mo agoExactly. It's like employees of an oil company buying gasoline for their vehicles. Just no value created.
- brazukadev 3mo agoThe employees are proud drivers of Teslas.
- iririririr 3mo agoto be fair-ish to them, that's the playbook of all VCs. that's why every mayor vc firm has one datalake, one cdn, etc etc. they know their investment will go to these, why not keep it in their own ecosystem by some verticalization? ...the absurdity with Ai is when even competitors join in
- bluegatty 3mo agoThis is an unfair characterization. Cohorts are not 'raising massive rounds' on selling to a couple of poor YC startups that 'don't want they product but pay for it anyhow' <- the implication there is very wrong. They're selling to people who are using their product, but probably have bit of an open mind about things, and are willing to overlook hiccups. A bit like how buyers often have a 'national preference' in some cases. Every startup ecosystem should do this, it's probably one of the top things any system could do to try to get things going.
- alpineman 3mo agoThat's the whole point though, no? Enterprises have a totally different mindset and are not willing to overlook hiccups. So they haven't found PMF with their long-term target audience until they have learned how to sell to and build for those clients