Earlier quoted context omitted.
They probably have a significant investment from Chinese LPs. It could put those investors in a very awkward situation if YC was more explicit with their statement -- we've all seen how childishly defensive the Chinese government can get.
That money isn't that important. History isn't going to look back and think that YCombinator should have done more to look out for the wealth Chinese investors.
An update on YC China
201–210 of 403 posts
Re: An update on YC China
#202Earlier quoted context omitted.
What exactly is the elephant in the room? U.S. tariffs? Honk Kong unrest? IP violations?
The ~1 million Uighurs the Chinese government has in concentration camps. https://www.nytimes.com/interactive/2019/11/16/world/asia/ch...
There is much politically informed anti-China coverage in the MSM, so it is hard to take reports on China from them without much skepticism. Even in Hong Kong it is on display that the police are largely acting with restraint similar to what a western police force might behave, it is the protesters who have been violent.
Re: An update on YC China
#203Strange optics not to mention the elephant in the room. I could see them hitting some roadblocks and wanting to try again to get into China, but that would be a reasonable thing to come out and say. It also would be reasonable to come out and say they've changed their minds due to political climate or some other risks. Instead its... the new guy is busy?
My comment from August 15, 2018:
"I would like to see a statement that YC China will not discriminate based on ethnicity, gender, religion, or sexual orientation and more importantly will not support startups which create technology which make doing so easier."
https://news.ycombinator.com/item?id=17765394
* and this is not meant to exonerate US startups or hold them to another standard
Re: An update on YC China
#204Earlier quoted context omitted.
You appear to be deeply misinformed about what the term McCarthyism means.
Mc·Car·thy·ism: "A campaign or practice that endorses the use of unfair allegations and investigations." No, he's not deeply misinformed. Perfect example is the ridiculous spying bullshit that SuperMicro was accused of earlier this year.
Re: An update on YC China
#205Earlier quoted context omitted.
Fighting the good fight to maintain your social credit score, eh?
There is so much misinformation regarding China. China helps all sorts of countries against western aggression. I support socialist projects like China and do not support a straight "free market" capitalist system. I like that they have state owned enterprises. I do not support the Hong Kong terrorists and really no one in the international left does.
Re: An update on YC China
#206Earlier quoted context omitted.
I don’t think any major business in the world cares about this. They only care about things that affect their own revenue streams, and the average consumer isn’t boycotting companies for not doing anything about it. Seriously. Show me one major corporation that cited this as a reason for pulling out of China. I’m not justifying the actions—I’m saying western industries don’t care about genocide. Because they don’t.
That’s a tautology. Major businesses can’t care about anything else. But major businesses aren’t the whole economy. Just a part.
Re: An update on YC China
#207Earlier quoted context omitted.
[flagged]
¥300 were deposited in your account for this post.
Re: An update on YC China
#208Earlier quoted context omitted.
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Fighting the good fight to maintain your social credit score, eh?
Re: An update on YC China
#209I applaud this move. Given the recent history of actions by the Chinese government, investment in China is not ethical.
I doubt it's about ethic, it's about the ability to protect your investment on foreign turf, in the current climate.
Re: An update on YC China
#210Earlier quoted context omitted.
There is so much misinformation regarding China. China helps all sorts of countries against western aggression. I support socialist projects like China and do not support a straight "free market" capitalist system. I like that they have state owned enterprises. I do not support the Hong Kong terrorists and really no one in the international left does.
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