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by beambot 3637 days ago
> ...if Investing/General Partner is not present, the slot will be cancelled.

These seems to be an attempt to reinforce FOMO to force key people to attend demo day. Resorting to these tactics implies a pretty big perceived power imbalance... Eg. is this a reaction to senior partners sending their underlings because of DDay burnout? If so, this could backfire. The senior partners might just not show up (still), and force founders to attend offsite meetings later anyway (in addition to the new DDay meetings). In other words: This might just be a net increase in founder effort without changing the investor-founder DDay dynamic. After all: What do the senior partners gain / lose by this new situation? Not much (aside from FOMO), I'd guess. But the best investors will always be in demand anyway -- whether they attend DDay or not.
3 comments
snowmaker 3637 days ago
Actually, for a long time now we've only allowed partners to come to demo day.

We are relaxing this restriction and allowing partners to bring associates to Investor Day, but only if they come themselves.

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zippergz 3637 days ago
It seems to me that this rule is beneficial to the companies, which I think is the right side for YC to err on.
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beambot 3637 days ago
Why the downvotes?

Seems like a well-reasoned hypothesis and contributes to the overall discussion. Has HN become that critical of different opinions that downvotes are used to punish dissent rather than using upvotes to indicate agreement?

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Kinnard 3637 days ago
Sometimes downvotes mean people just disagree not that the comment was malformed.
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gist 3637 days ago
I actually UPVOTED when I saw "implies a pretty big perceived power imbalance". It's possible that the downvotes took that as a negative where I was in agreement.

Downvotes (for whatever reason) mean that more people vote down than vote up (duh). As a result they can change simply because of the people that are reading a particular comment stream. Same comment on a different post could have entirely different results vote wise (at least when it's an intelligent comment as yours was).

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elmar 3637 days ago
Who cares about downvotes! just enter the "Aspergian mindset" and write what you think is right.

If you are looking for social feedback you will never get far on startups.

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Kinnard 3636 days ago
Well, users are social feedback . . .
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