The idea that check sizes should be small so people should be forced into dire financial situations is a terrible one, and one that would absolutely hurt diversity. You're going to end up with a bunch of rich white dudes as founders (because very, very obviously the other way that people can afford to take smaller checks is if they have a lot of money in the bank). The smaller class size issue is probably fair, but r…
We have a silicon valley success story in our family. His parents were telling me how he built everything up out of nothing, clearly unaware of their own contribution. He could pour all his money into his start-up because if he'd lost every dime he could have moved back in with them. He'd have his own bedroom, bathroom, and a fresh-cooked meal every night. He could have stayed with them as long has he wanted. Very fe…
Y Combinator has lost its soul: A YC founder's perspective
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Re: Y Combinator has lost its soul: A YC founder's perspective
#82In fact, the whole cultural phenomenon of paying attention to what people tweet is deeply disturbing. Twitter is not designed to support rational argument supported by data, it's designed to be a morphine drip of novelty, a machine that dispenses mental M&Ms. People who follow twitter are like lab rats pressing a lever in exchange for a drop of sugar water. It's troubling to see this phenomenon invading HN.
Re: Y Combinator has lost its soul: A YC founder's perspective
#83Earlier quoted context omitted.
Completely agree with the OP of the twitter thread. pg once coined the phrase .. ramen profitable. I deeply agree with that concept. Cover bills but all those frills and cushy "living wage" nonense needs to go while the startup is finding its feet.
I'd be willing to bet that a clear majority of the most successful startups from the past 20 years were founded by people who were otherwise independently financially stable. It's very hard to focus on building a successful business when the cost of failure is potentially life-ruining.
I'm not sure what your point is -- that people who have kids should be given special exemption where they make more money from sales and inventment oportunties to compensate for choices they made?
Re: Y Combinator has lost its soul: A YC founder's perspective
#84The idea that check sizes should be small so people should be forced into dire financial situations is a terrible one, and one that would absolutely hurt diversity. You're going to end up with a bunch of rich white dudes as founders (because very, very obviously the other way that people can afford to take smaller checks is if they have a lot of money in the bank). The smaller class size issue is probably fair, but r…
Not sure what skin colour has to do with the topic.
Could we stop assigning racial etiquettes and discriminating based on skin colour? Not to mention racial stereotypes in this case.
Re: Y Combinator has lost its soul: A YC founder's perspective
#85I'm curious if the author has data that the 'free sabbatical' folks are less successful as founders than others. If YC is selecting the wrong types of people/companies for their batches, I think they'll figure it out pretty quick when those companies fail to pan out and their fund suffers as a result. Is the author's YC company's success somehow contingent on YC not having these types of founders?. If so, I have grav…
Re: Y Combinator has lost its soul: A YC founder's perspective
#86Earlier quoted context omitted.
> Yeah I noped out of this as soon as I saw it. I must be misunderstanding you; I read that as you stopped reading the entire thread because there was a single point you disagree with. Is that what you mean?
Suppose the first slide of my 10 minute sales deck described building a house out of literal waffles, and letting customers eat those waffles. Would you actually pay attention to the other 9 minutes? Overlooking the fact that if I attempted such a thing it would be amusing as hell. Imagine somebody taking that idea very seriously.
Re: Y Combinator has lost its soul: A YC founder's perspective
#87Earlier quoted context omitted.
> Yeah I noped out of this as soon as I saw it. I must be misunderstanding you; I read that as you stopped reading the entire thread because there was a single point you disagree with. Is that what you mean?
Yeah people who use this phrase "noped out of it" usually have little tolerance for things they disagree with and won't continue diving deeper for nuance or any redeeming thoughts present in the article (which may or may not be there)
Eh, who cares, mocking strangers it is!
Re: Y Combinator has lost its soul: A YC founder's perspective
#88[0] http://benjaminrosshoffman.com/approval-extraction-advertise...
Re: Y Combinator has lost its soul: A YC founder's perspective
#89> Like... 2 people raised their hands and everyone else laughed hysterically.
Are B2C inherently better than B2Bs? What's his argument here?
I, for one, was never one to enjoy B2C products (matter of fact, I think most of them are stupid), so I don't understand his disdain for everything not B2C
Re: Y Combinator has lost its soul: A YC founder's perspective
#90> 3. When i went through YC (recently), we had a "masterclass" of sorts on growth with @patrickc & @collision . Once of the first questions they asked the group was "how many of you are consumer companies?" > Like... 2 people raised their hands and everyone else laughed hysterically. Are B2C inherently better than B2Bs? What's his argument here? I, for one, was never one to enjoy B2C products (matter of fact, I think…