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by mattmanser 4108 days ago
So?

YC can have founder interests at heart and still give out VC biased advice because of the type of startup they encourage. The two aren't mutually exclusive.

1 comments

PG's advice isn't geared primarily towards VC interests (beyond a successful startup), it's mainly biased because it's based on his own personal experience. There's no conspiracy.

Historically YC has given more power to entrepreneurs vs the VCs. JL & co. founded YC mainly because VCs sucked even more at the time. Given what YC has accomplished, I'm sure a lot of people can say that they've made things better.

Can the current VC environment be improved? Yes. Has it gotten much better ever since YC's influence has grown? Yes. Will Sam change one of YC's core missions of giving founders more equal footing? It's possible but I really I doubt it.