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by teacup50
4473 days ago
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> While I am confident in the good intentions of YCombinator I'm not. YC is already operating in a club of privilege, surrounded by a bubble of questionable intentions and inflated valuations that externalize the costs onto the wider economy. Now we should grant YC (and maybe "other investment firms") a privilege that bootstrapped companies like our own can never get? We've lost the H1-B lottery multiple years running. I can guarantee that the high wages we pay for decades will go a lot farther than the flash-in-pan founder visas and the occasional success that puts more money in the pockets of a few. Sending YC more grist for their mill isn't to the benefit of the American people, just YC. |
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I think you'll find I clearly state this is a bad idea, even if you grant best intentions to those proposing it specifically.