[throwaway2215]

I'm disappointed in YC for funding this; I think it's destructive to the hacker economy/ecosystem. Excerpting a comment from a thread last year re: Marc Andressen's complaints about startup burn rates that applies:

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I find it very hard not to get angry at these posts...

...One of the biggest problems facing my company right now is dealing with all of the venture-funded idiots coming after my customers, market and employees without so much as a hint of a viable business model. They outspend us on marketing 1000-to-1 and they offer to serve our clients essentially for free, apparently just to be able to win a logo for the "traction" slide in their deck in the hope that they will have enough proof points to get them their next hit of venture money.

I know that nearly all of them are going to vaporize eventually, but in the meantime they completely poison the well for all of us who are trying to do what Andressen, Wilson and the rest pretend they want startups to be doing - creating sustainable businesses in sustainable markets.

https://news.ycombinator.com/item?id=8369734

[harryjo]

haha. Amazon requires vendors to provide 1 year of free service if they want to use Amazon's name in their bizdev.

[curiousjorge]

can confirm, used to be angry but I stopped fighting it and just went with the flow. In fact it drove me out of the lower consumer market and forced me to go higher up in the ladder and make more money and deal with less clients who in turn were frustrated with the VC backed solutions.

Unsustainable business models backed by a sugar daddy offering even more commoditization taking spoiled and angry users out of the market? Fine with me if you believe in free lunches, but somebody is paying for it, and cash is a finite resource so.

I can definitely understand the anger and that was my initial reaction last year but then I just stopped giving a damn. I stopped caring. I don't have to take this client and offer them deep discounts to match "free". I realized I rarely have to do anything. I can simply choose to wait for the next bus which won't be crammed with ton of people fighting over seats. I am so much happier and profitable as a result.