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But, wait a sec... aren't the people who are against potential competitors hearing about their ideas EXACTLY the kind of people who shouldn't apply? I mean, the
by thetrumanshow 17y ago
But, wait a sec... aren't the people who are against potential competitors hearing about their ideas EXACTLY the kind of people who shouldn't apply? I mean, they have to demo their product to the rest of the group at some point, right? That's part of the package.
More disturbing is the idea that they will toss any idea that competes with existing startups. That is unsettling to me for some reason, and I would love to hear more reasoning behind this.
- sgk284 17y agoI believe he means that if they come across a potential competitor, they'll respect their application and stop reading. This implies that someone else would then be tasked with reading it. Someone without a conflict of interest.
- SwellJoe 17y agoMore disturbing is the idea that they will toss any idea that competes with existing startups. You've imagined this idea. pg has explicitly said on several occasions that they will fund startups that compete with other YC companies, and nothing in this statement contradicts that.
- thetrumanshow 17y agoThank you, I read that wrong. "Immediately stop reading" read like "Immediately toss". Sorry.