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If YC hadn't invested, nobody would have ever heard of AirBnb. This is a case where the investor added a great deal of value to the business. YC is at the cent
by jondubois 11y ago
If YC hadn't invested, nobody would have ever heard of AirBnb. This is a case where the investor added a great deal of value to the business.
YC is at the center of a large network of investors, startups and bloggers and somehow its investment decisions ultimately influence the habits of technology consumers in general.
I think it was a lose-lose situation for the author.
- jsprogrammer 11y agoIs every successful company from YC? Is every YC company successful? You must answer yes to both to believe: >If YC hadn't invested, nobody would have ever heard of AirBnb.
- jondubois 11y agoI'm exaggerating of course. But I'm sure it did make a massive difference.