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by totemandtoken 1950 days ago
I remember that essay too. I think at the time, he was probably correct but now (at least as an outsider, from a distance) it has become as much a game as the corporate world. The idea of being a founder eventually became as much a trope as being a company man, so I'm not so sure its a viable solution anymore.

Then again, I've never been in a startup or a founder so what do I know?

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I have seen former employees of mine join companies started in YC, and the ethos I've seen around YC in that way reminds me of how my great grandmother talked about working at General Electric. It's a decentralized Empire in vibe, with all the games and politics. It was really difficult to deprogram people once caught by the allure. People think in terms of their programs, like cookie cutters.

Structuring SAFEs, doing mentoring and creating batches, and creating a kind of orthodoxy based on unorthodoxy done better, definitely hit a stale point. I think it's even to the point the founders could return and do it again based on what they learned, with more "stay hungry, stay foolish" again, albeit with veteran wisdom now, and it would be revolutionary all over again, upending its own past.