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if Y Combinator is backing both of these, why are they competitors? We talk about this in the YC FAQ: http://ycombinator.com/faq.html http://ycombinator.com/fa
by pg 13y ago
if Y Combinator is backing both of these, why are they competitors?
We talk about this in the YC FAQ: http://ycombinator.com/faq.html http://ycombinator.com/faq.html
Companies we fund often end up competing. It's inevitable when you fund companies as early as we do, because even if they had different ideas coming in, they might both pivot onto the same spot. (That happened with Homejoy and Exec for example.) Our policy is simply not to tell the companies in question what the others are doing. So far we haven't had a problem.