231–240 of 344 posts
Interesting! I worked for one YC startup that committed blatant fraud, with the founders vanishing when investors started chasing them to bring them to responsibility. And they haven't been removed. Just marked as "inactive".
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...
So, I'm fairly certain lists like that will attract some amount of unscrupulous narcissists.
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…
"They've betrayed my trust but I wish them well" is an interesting statement.
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…
"They've betrayed my trust but I wish them well" is an interesting statement.
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Who rapes and bombs schools full of U18 children.
That is just what the O18 want in there. Last one also got their role because that. Doing it in public on camera.
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It's precisely because they graduated 5000+ companies that fraud is more difficult to avoid. They scaled up massively the size of each batch and their frequency to a point where they are incapable of auditing them.
Maybe someone should start an auditing company for YC... oh
Having gone through the SOC2 process multiple times and having worked with and read SOC2 reports from many public companies, it's difficult for me to understand the outrage. The specific fraud allegations are bad (lying about US based auditors) but it's completely normal and common for soc2 reports to be templates with no company specific information. It would be unusual for reports to include anything about the spec…
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They’re responsible for the existence of scribd. Not aware of any other obviously socially net negative companies.
I find it unlikely, for example that there would not be a dominant centralized forum platform. People would have certainly started problematic communities on the dominant platform, and it's unlikely a platform with strict moderation would have gained dominance before 2015 or so. I do think a dominant player would have been established by 2015.
Do you think whatever you see as harmful about Reddit would not have occurred if the company didn't exist?
I'm getting the impression that a lot of people in this thread think this is because they violated an open-source license and saying things to the effect of, "they're just the ones who got caught". I also thought that was the scandal initially. (And when it comes to license violations, yes, there's absolutely more where that came from.) But that's just the cherry on top. I don't think they're being thrown out because…