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by hackinthebochs 4532 days ago
I don't see why it doesn't. If someone had an awesome idea for finding highly valuable companies in a previously underserved market, you don't think YC would invest in them? If you don't then you're missing the point of for-profit companies in general.

It's like every time we see an argument that some company would never do X, because obviously they are in the business of Y and Y is so far removed from X. Well that's just missing the point altogether. Companies are in the business of making money, and if X is an opportunity they can capitalize on, of course they're going to pursue it! Drawing lines in the sand is only limiting your own vision, others will not be so constrained.