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by sparkzilla
3668 days ago
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It's only a matter of time before this kind of thinking results in founder suicide. I've read multiple cases where investors, including Y Combinator, forced founders to pivot, which caused serious mental distress to the founders. If the idea won't work, drop it, and drop the founders too, until their next project can be properly assessed. Dropping a project doesn't mean the founders are bad founders or that they are great founders - it simply means that they realised the limitations of the project. Investors should keep the founders in mind for their next project, but giving them cash and forcing them to pivot is a sure way to disaster. Ideas need time to develop. Tim should be commended for realizing that his product would not work, and dropping it before it caused his team and the investors even more stress. I consider his post a sign of maturity and look forward to hearing about his next project. |
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I don't think you should sling this kind of thing around so lightly. It's trivial to post charges like this on the internet and have many people just believe them. But this is a serious thing to say right after you've invoked the idea of suicide, and doesn't remotely resemble anything I've observed at YC. In my observation, YC partners don't "force founders" to do anything; they couldn't anyhow, and they don't think that way in the first place.