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It's not just about delve. It's about yc's model. YC encourages YC companies to trust other YC companies even though they are early. If you can't trust your batch mates for something as crucial as compliance, the model doesn't work.
That looks like what happened here.
This other profile is still up: https://www.forbes.com/profile/delve/ 30U30 never ceases to amaze.
I wonder if the kind of personality that gets you on 30U30 correlates with being willing to engage in massive fraud, and being able to get away with it for a minute. Holmes, SBF, Shkreli, Charlie Javice, Ishan Wahi...
This other profile is still up: https://www.forbes.com/profile/delve/ 30U30 never ceases to amaze.
I wonder if the kind of personality that gets you on 30U30 correlates with being willing to engage in massive fraud, and being able to get away with it for a minute. Holmes, SBF, Shkreli, Charlie Javice, Ishan Wahi...
colour me surprised
people still seem to think that forbes scouts the world for the best talents instead of the lists being basically a paid ad
While I do think Delve and the leadership there should be held responsible, it's a bit weird to see YC and others take shots at them for breaking the law when so many of their prized unicorns achieved what they did by being willing to just ignore laws and deal with the consequences later.
Someone leaked an internal Bookface chat from Garry Tan (YC CEO) saying: We have asked Delve to leave YC. YC is a community, not just an accelerator. The founders in our community have to trust each other, and we have to trust them. When that trust breaks down, there's really only one thing to do. We're not going to get into the details publicly. We wish them well. https://x.com/___4o____/status/2040271468874076380 I…
Earlier quoted context omitted.
I wonder if the kind of personality that gets you on 30U30 correlates with being willing to engage in massive fraud, and being able to get away with it for a minute. Holmes, SBF, Shkreli, Charlie Javice, Ishan Wahi...
You know, after all this time Lucas Duplan doesn't seem so bad. His hubristic sin was posing for a photo burning fake hundred dollar bills. That just seems like a random Tuesday now.
While I do think Delve and the leadership there should be held responsible, it's a bit weird to see YC and others take shots at them for breaking the law when so many of their prized unicorns achieved what they did by being willing to just ignore laws and deal with the consequences later.
Working around arguably dumb regulations and making your customers happy in the process is not the same as defrauding your customers.
...is breaking the law
Earlier quoted context omitted.
The text implies it’s more due to the alleged license violation of a YC startup’s IP than the alleged fraud.
Really? I know nothing about this other than what I've read here, but my first guess was the breakdown in trust means the allegations of fake audits.