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by Apocryphon 15 days ago
No Exit, written in 2014, recounts that infamous time a team (trio?) of founders were funded before they had a business idea.
1 comments

That's been YC's modus operandi since long before 2014. Reddit, from the first YC batch, came about because Paul said (paraphrasing) "I like you kids but your idea sucks, forget about it and you can join YC". Nothing to do with ZIRP.