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by echelon 483 days ago
Wow, YC has so much conviction in this space that they invested in four of the same company.

If anyone ever doubts if YC will invest in direct competitors, this should be your answer.

Roark: Best of luck. Talk to customers, talk to customers, talk to customers!

2 comments

And often when YC invests in multiple companies in a space there are multiple winners:

- Gusto, Rippling, and Deel

- Mixpanel, Amplitude, Posthog

“Spaces” are much less important for early stage companies in newish spaces.

There was a time when Facebook, Twitter, GitHub and LinkedIn were all considered social media companies- competing to become the place I talked to dev friends.

In a way they all succeeded, and in another way they all failed.