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Bolt founder on Stripe/YC

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Re: Bolt founder on Stripe/YC

#82

Post by ergocoder »

I can see why VC avoided Bolt's founder.

A lot of his claims seem weak. I wouldn't work with a person like this either.

The tweet about the fraud detection seems straight up false. People pointed out that Stripe posted it before Bolt. Can someone confirm?

Even if Stripe posted after Bolt, it would be pretty damn strange for Stripe to write a blog within an hour.

Re: Bolt founder on Stripe/YC

#83

Post by Aliabid94 »

preetamjinka wrote: post #31
dvt wrote: post #16

> The reality… if you stand in their way, they will do more than compete with you head on. Flushed face They will use every power move imaginable. Blocking you from capital, media, talent. And funding competitors just to get back at you. Pretty sure this is how business is done. I don't really get people getting into business and then complaining when it gets real. You think Stripe got to be a billion-dollar company…

> Hell, my blog has reached top-10 a handful of times and I've never seen these "millions of views." Yeah, my posts have been on the front page a couple of times and it's nowhere near millions of views.

I think for a lot of posts, people just comment and upvote based on the title, and never click through to register an actual view. For products this is still valuable because of brand recognition. That being said, I really doubt YC has the bandwidth to target all the competitors of their top companies.

Re: Bolt founder on Stripe/YC

#84

Post by ramimac »

kaycebasques wrote: post #69

> Stripe and YC effectively co-run the most important media asset in Silicon Valley: Hacker News. A few of my articles [1] have made the front page so I can weigh in on this a (tiny) bit. > The readers know: any time Stripe comes out with a new product, it’s #1 on the site I do believe that "the mods" have the ability to boost articles at their discretion so I would not be surprised if YC companies frequently get a b…

It sounds like you're thinking of the second-chance queue, which is a very different mechanism than "boost articles": https://news.ycombinator.com/item?id=11662380

Re: Bolt founder on Stripe/YC

#86

Post by sailingparrot »

ergocoder wrote: post #82

I can see why VC avoided Bolt's founder. A lot of his claims seem weak. I wouldn't work with a person like this either. The tweet about the fraud detection seems straight up false. People pointed out that Stripe posted it before Bolt. Can someone confirm? Even if Stripe posted after Bolt, it would be pretty damn strange for Stripe to write a blog within an hour.

> Can someone confirm?

Hover over the dates in the links.

Stripe's post [1]: 17:41 UTC

Bolt's [2]: 20:08 UTC

Considering this is the only thing he claimed to have "proof" on, and it turns out not only to be false but to be the actual opposite, this is really damning for the rest of his claims. If that was such a traumatizing event, how can one not think of checking the timestamp once in 4 years to at least know if you have a reason to be mad.

[1]: https://news.ycombinator.com/item?id=16869290

[2]: https://news.ycombinator.com/item?id=16870692

Re: Bolt founder on Stripe/YC

#87

Post by tzury »

Never herd of Bolt till this post.

That made me think, how come I've never heard of bolt up until this moment? Is their marketing so bad? They managed however to get to a poont of a "successful company with 600 employees, billions in GMV, and growing rapidly", right?

I visit HN at least 10 times per week. So I decided to check how many posts have they posted on this site since founding the company. I currently see 4 posts. Only 4.

So perhps, not posting in HN makes it harder if you wish to make it to front page.

search:

https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu...

Re: Bolt founder on Stripe/YC

#88

Post by dang »

parhamn wrote: post #64
dang wrote: post #56

Earlier quoted context omitted.

If that's the main result of the post, then it's a reductio, because YC funds competitors all the time and would never turn down an innovator for anti-competitive reasons—only because they thought it wouldn't be a good investment at that moment. Anything else would both be bad for YC's business and against its principles ( https://www.ycombinator.com/principles/ ). Of course it still happens that YC turns down good c…

I find this comment surprising. I didn't say anything too controversial. Investors regularly refuse (and it's often the morally correct thing to do) investments in competitors. It's also often in their financial incentive too. To assume any investment organization in broad does differently because of their stated principles is absurd. Most investors would comfortably say this. > YC funds competitors all the time and…

My comment wasn't about hundreds of investors -- it was strictly about Y Combinator, which is just one company. I've worked for YC for years and therefore know things about it. Since I don't work on the investment side of the business, there are a lot of details I miss out on, but on the macro level, such as the core patterns by which YC operates, I know quite a bit. Also, part of my job is to be a liaison between HN and YC, and an important part of that is to correct inaccuracies and misperceptions where possible.

Re: Bolt founder on Stripe/YC

#89

Post by vmception »

mmmmmmmm this so juicy but I dont care

its sooo easy for him to raise $1bn++ and his accomplishments for me are really overshadowed by wondering if his skin complexion was different if the solid products and pitches would have hit, if his pedigree would have still helped at all

so that really dilutes how much I care about the drama, but nice for him to feel comfortable using his platform now

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