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by mapleoin
3384 days ago
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In this case, though, isn't it working against those consequences that you mention? YC's contribution to a non-US company, in terms of guidance, doors opened etc., might be bigger than the money they get back through selling their share of the startups. This will be a net-negative for the US economy and would have created wealth, elevated working conditions etc. elsewhere in the world. |
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YC's existence is based on that not being the case, on average.
This is a negative for the US economy not because YC is losing money, but because if we'd let these companies start in the US, we've be getting significantly more of the gains.