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by cookiecaper
4549 days ago
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I feel I've explained why it's not a free lunch throughout this thread. I didn't claim that YC had to change their program. I just suggested that it is not helpful for founders with family obligations, and that we're missing something in the startup community by neglecting this group of entrepreneurs. What does that have to do with a free lunch? I understand there are tradeoffs, and I acknowledged this. I do not accept the popular brogrammer philosophy that rootless 20-somethings are the only people worth investing in because they are the most easy to exploit and/or manipulate. I don't think that makes them worth investing in, but I accept that most investors do. I stated my reasons throughout this thread -- I think founders with families are more likely to have true maturity, seriousness, and realism, and to have superior mental health overall. I think these attributes are beneficial to investors and that they'd have an interest in investing in familied founders for this reason, even if it costs more money to invest a company led by that type of person. You and I are free to disagree, and it still doesn't have anything to do with a free lunch, and it doesn't have anything to do with tradeoffs. It's just two people disagreeing. I don't really get what you want here. |
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It also pains me when you keep repeating the "investors only invest in 20-somethings who are easy to manipulate" line which is an overly cynical line that is usually repeated by a vocal subset of HN/the media in context with YC, precisely because YC ensures that you aren't manipulated, and also because it is simply not true. Older entrepreneurs have advantages. Younger entrepreneurs also have advantages.
I don't get what you want here either. I think you're wrong. That's it.