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Maybe I need to take a break, lest my snark jump the-- no, that's too obvious. My point was, "If Y Combinator is actually funding Bitcoin startups, they're dip
by michaelochurch 14y ago
Maybe I need to take a break, lest my snark jump the-- no, that's too obvious.
My point was, "If Y Combinator is actually funding Bitcoin startups, they're dipping into the taint-bottom of the barrel and need to take stock." I thought that some Ascii art might lighten the mood surrounding cultural calamity. Funding good-faith business failures is inevitable and fine-- it's an unpredictable game-- but funding Bitcoin is an obvious sign of a decision not given enough time.
Of course, he and you are right that the shark-jumping metaphor is clumsy if we're looking for exact correspondence. Incubators work in parallel and a single bad decision is macroscopically inconsequential. It's not like a sequential narrative (from which the shark-jump motif comes) where one bad segment can set the whole thing off. I didn't actually mean that this suggests terminal decline, only that YC miiiiight want to be more thoughtful/selective if it's actually at the point of funding Bitcoin startups.
Anyway, I'm off to go create a currency out of mediocre Internet humor. It's called BitClown. Anyone want in? 0.1% equity, unlimited vacation, free beer and abundant bad jokes.