[ballooney]

"back in 2007, we were enabling college students to debate issues on their campus. And in the unfortunate theme of that era, we had lots of people using it but nothing resembling a business model."

Let's all be thankful things have moved on so much since that era!

[jaf12duke]

They really have. When I look around the current batch of YC companies, I find that virtually every one has a built-in business model from the beginning.

I think the craze of 2007 was that you could make something that would become popular. Popular felt so much better than not popular. Max Levchin once called it blowing up a balloon. They get big fast, but they're just full of air.