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svskeptic 1 hour ago [-] 'Experiment' with no conceivable way of monetization gets 'investment' for some behind-the-scenes, non-investment reasons.
Bros funding Bros, and then bro acquiring bro when the first-bro has blown through 7.1M. Its the Silicon Valley version of nepotism. Its all play money, but is only available if you are in the circle.
Now that you have an exit to your name, next stop, VC partner. And then ask all the startups pitching, what's unique about you?
Yo!
reply dang 40 minutes ago [-] Much of this ("for some behind-the-scenes, non-investment reasons") you've simply made up for rhetorical reasons.
But even if you were right on the facts, this kind of rant makes for a bad HN comment. A good HN comment is one that contributes to thoughtful, curious discussion. Stimulating rage among those who already agree with you is the opposite of that. Since such comments routinely get upvoted, they're a particularly bad risk to this site.
We detached this comment from https://news.ycombinator.com/item?id=13080432 and marked it off-topic. Dang, this is a post full of brevity - yes - nevertheless very right. He could have tried to paraphrase it - but this would make it even more exclusive to somebody never involved in the industry before. |
Ryan may be "in the circle" now, but it's not like he had a rich VC uncle. It's not nepotism; he had no connections when he started out. Product Hunt didn't succeed because he's "in the circle", he's "in the circle" because Product Hunt succeeded.
Ryan is one of the nicest, most genuine person I've met, and he worked hard to get where he is. He built a great team and a product that people love. My company is where it is in large part to PH, and I'm thankful they exist.
(More: https://medium.com/@rrhoover/from-rejection-to-product-hunt-...)