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The funny? thing is, this isn't the only YC company I've seen do this.
I don't know anything about YC's due diligence. Is it strange they didn't catch this before infesting?
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> If you have a great idea, and no capital and I copy you and have more capital (money, social), I can deploy my capital to crush you in the market This is precisely how our markets work and why we have a system of trademarks, patents, and copyright. Use those tools to your advantage if you are small.
So many people on sites like this hate patents and trademarks, but I have seen patents used in two ways: * In slapfights between huge companies that don't really matter. * To protect startups from copying. These things literally exist to protect startups.
Patents protect the party with the most money to spend.
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Harvard admits 2,000 students every year, so it isn't all that different. The reputation is always built/sustained by the outliers rather than the average graduate.
Harvard admits 2,000 undergraduates every year, but it's actually a very large school, granting just about 10,000 degrees per year. The annual commencement ceremony in Harvard Yard only goes through the graduates school-by-school; once dismissed all the graduates decamp to school-specific ceremonies all around campus, where they get their names called and walk across the stage to receive the handshake and (empty) env…
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If you are so inept that copying someone else's codebase wholesale is what makes you a viable company, then perhaps you aren't worthy of investing in. Unless, the investor is just trying to fund the most ruthless, least ethical, win-at-all-costs type of people, which as I type this seems like a sad but unsurprising move.
> Unless, the investor is just trying to fund the most ruthless, least ethical, win-at-all-costs type of people This is exactly what VCs are looking for. They are going to hand you a check worth several hundreds of thousands to millions of dollars. They are not doing this because it's a charity; they are doing this because they are making a bet that they'll get some return on that investment. This is the purpose of a…
If you are so inept that copying someone else's codebase wholesale is what makes you a viable company, then perhaps you aren't worthy of investing in.
Two big threads about this yesterday: Pear AI founder: We made two big mistakes - https://news.ycombinator.com/item?id=41701265 - Sept 2024 (188 comments) Y Combinator Traded Prestige for Growth - https://news.ycombinator.com/item?id=41697032 - Sept 2024 (240 comments)
I've been in the VC-backed startup space as a lead/principal engineer or technical advisor for the last 4 years. In that time, I've worked at 1 startup that closed a $100m C, one that closed a multi-million B, one that recently closed a $30m C, and one that started with a $8m seed. I've started my own startup and worked with founders of other startups on the side advising on the technical side (and once in a while bu…
The problem here is not that they stole the idea, it's that they literally just took an open-source codebase and filed off the serial numbers to claim it as their own proprietary work, and they did so in the most comically inept way possible. From the OP: PearAI offers an AI coding editor. The startup’s founder Duke Pan has openly said that it’s a cloned copy of another AI editor called Continue, which was covered un…
What morons
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So many people on sites like this hate patents and trademarks, but I have seen patents used in two ways: * In slapfights between huge companies that don't really matter. * To protect startups from copying. These things literally exist to protect startups.
I have never seen anybody succeed on that second usage, and I've seen a few people try. Patents protect the party with the most money to spend.
The worst part is that instead of backing out and let's say kicking them out of the batch, YC doubled down praising the (pretty poor imho) justification that may also have been written by ChatGPT, like the license :) https://x.com/mwseibel/status/1840846817631879291
I don’t thinks its the worst , but it did feel in bad taste. YC have put money and trust in them, so why would they kick them down? Would you? They haven’t committed any crime so why would they distance themselves (Note: I am not a YC founder or affiliated with YC in any way)
What about the license change? Not a crime?