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by kshri24
68 days ago
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YC needs to go back to how it was. Choosing those who know what they are doing, and have been in the game for long and not blindly choose those who have graduated from tier-1 institutions. University degrees mean nothing at the end of the day. And please stop investing in slop/wrappers. They do not solve World's problems. I feel there has been complacency set into investing in general where investors are chasing quick money (first crypto and now AI slop) over solving hard/grueling problems that take a long time to fix but have huge returns down the line. And we have a lot of tough problems that still need solving. AI won't magically fix that, despite being a great tool. |
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YC since then seems to have moved into a "spray and pray" approach where the ideas don't matter at all, they're 150% in on the "We invest in founders" idea now, almost too much, although I know that's always been a thing they've thought about. But all the batches since some years ago are just so uninspired and seem to be quick cash grabs, or obviously acquisition targets, rather than "solve a problem you experience yourself" which seemed to be much more popular (and realistic) before.