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> Why Y Combinator Funded a Radical Political Party in Argentina The title made me laugh. If I told you some wealthy Ivy League guy/gal who used to be an inter
by touseonce 12y ago
> Why Y Combinator Funded a Radical Political Party in Argentina
The title made me laugh. If I told you some wealthy Ivy League guy/gal who used to be an intern for the Bush administration was building a political party... you would figure out this new party would end up far from being "radical".
> Mancini's Partido de la Red—"Net Party," in English—is a wild experiment in direct democracy that seems to take inspiration from both Occupy Wall Street and Reddit (a Y Combinator alum and ongoing investment).
"Net Party" has nothing to do with occupy Wall Street. The founders are a few wealthy Argentinians. I find hard to believe they are building a tool to change the status quo in any way (this would mean a risk of losing some of their privileges). It looks like a great self-promotion project though.
Also, the article later mentions: "DemocracyOS already had some revenue when Mancini applied to YC". Now, that makes a little more sense: DemocracyOS is a for-profit endeavor, after all. Gotta give them some credit: mounting a mock political party (and then selling it as a product) is one hell of a marketing stunt! The fact that there is some money making future behind the initiative also explains the backing from YC.