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by ryanx435 4940 days ago
in theory, what YC does is good for our society. they provide mentorship and opportunity to new companies and help lead them to success. I have no problem whatsoever with YC's existence nor with the people they fund. I just don't want to be involved. they don't offer very much money at alli and they get too much influence and power over the start up for my tastes. I realized by pg's response that it wasn't for me. I wrote up why, and posted it. I was honestly not expecting him to respond.

but than again I also agree with the original articles premise that there is another tech bubble of stupid companies and it is about to go bust. and I think YC actively contributes to the problem by funding companies with terrible ideas. they want their funded companies to be aquihires because than they get their return. YC doesn't care if the business is sustainable or not as long as it gets bought. that's their schtick: they do the training instead of the universities.

this will affect me if and when I decide to get outside funding because investors won't be willing to invest as much. it will be exactly like after the internet bubble where there is no market to sell investors on the company. that is what concerns me. I'm not looking for an aquihire. I'm not looking for an exit. I'm looking to build a sustainable company that brings value to my customers.

note: not trolling you, these are my actual concerns.