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by array_key_first 256 days ago
> You heard it here. YC is dead. Close up shop. All these investors just wasting their money because you can't vote Zuck out.

Yes, this is actually true.

You want nuance? Here's the nuance.

Nobody, and I mean nobody, is actually competing with facebook. They're not trying to.

So what is YC funding? What are these companies doing? They're attacking different markets and making different products. When was the last time you saw a startup make a general purpose social media platform? It doesn't happen. Nobody does it. Because they know they'll lose.

If you look at the hot new kids on the block, none of them are actually competing with facebook. TikTok? TikTok is not facebook, it's a completely different product. Twitter? They're incumbent too, but completely different product. Youtube? Disney Plus? Pintrest? Linkedin? Just think about it.

You could, TRIVIALLY, make a better facebook. I, right now, in the course of a few weeks, could make a better facebook. But I'm not. And you're not. And nobody is. And nobody is even trying to.

Search your feelings, and you will know it to be true.