Y Combinator's Message to Founders

#1

Post by thesausageking » Thu, May 19, 2022, 2:50 PM UTC

Y Combinator's Message to Founders
twitter.com

Re: Y Combinator's Message to Founders

#2

Post by rkagerer » Thu, May 19, 2022, 3:18 PM UTC

Can anyone post a copy with intact links?

Re: Y Combinator's Message to Founders

#3

Post by SkipperCat » Thu, May 19, 2022, 3:24 PM UTC

Companies that have a good ideas and provide needed product/services will survive. I think the era of stupid money chasing silly ideas are over. Same thing happened at the end of the dot-com era.

Re: Y Combinator's Message to Founders

#4

Post by hoofhearted » Thu, May 19, 2022, 3:26 PM UTC

rkagerer wrote: post #2

Can anyone post a copy with intact links?

https://news.ycombinator.com/item?id=31433221

Re: Y Combinator's Message to Founders

#5

Post by altdataseller » Thu, May 19, 2022, 3:30 PM UTC

SkipperCat wrote: post #3

Companies that have a good ideas and provide needed product/services will survive. I think the era of stupid money chasing silly ideas are over. Same thing happened at the end of the dot-com era.

Lots of startups provide needed products and services. I don't think that's enough. They need to provide needed products/services in a way that can be sold/marketed profitably, and scaled profitably.

Re: Y Combinator's Message to Founders

#6

Post by Mimmy » Thu, May 19, 2022, 3:34 PM UTC

SkipperCat wrote: post #3

Companies that have a good ideas and provide needed product/services will survive. I think the era of stupid money chasing silly ideas are over. Same thing happened at the end of the dot-com era.

I think the causation can be reversed: Companies that survive long enough have a higher chance of eventually finding the right idea and developing needed products / services.

Re: Y Combinator's Message to Founders

#7

Post by pl0x » Thu, May 19, 2022, 3:39 PM UTC

No post body was provided.

Re: Y Combinator's Message to Founders

#8

Post by sokoloff » Thu, May 19, 2022, 3:46 PM UTC

SkipperCat wrote: post #3

Companies that have a good ideas and provide needed product/services will survive. I think the era of stupid money chasing silly ideas are over. Same thing happened at the end of the dot-com era.

> I think the era of stupid money chasing silly ideas are over

It's quite possible that this era of that is over, but I'll eat my hat if another era of stupid money chasing silly ideas doesn't spring up within a decade.

Re: Y Combinator's Message to Founders

#9

Post by ackbar03 » Thu, May 19, 2022, 3:47 PM UTC

altdataseller wrote: post #5

SkipperCat wrote: post #3

Companies that have a good ideas and provide needed product/services will survive. I think the era of stupid money chasing silly ideas are over. Same thing happened at the end of the dot-com era.

Lots of startups provide needed products and services. I don't think that's enough. They need to provide needed products/services in a way that can be sold/marketed profitably, and scaled profitably.

Yes. I always need 1 dollar for 95 cents.

Re: Y Combinator's Message to Founders

#10

Post by candiddevmike » Thu, May 19, 2022, 3:51 PM UTC

Going to be interesting to see which free plans get cut, prices skyrocket, or what companies stop having "open core" software. Growth hacks like these have always traded revenue instead of cash for advertising/exposure, and I think it gave well-capitalized companies too much of an edge where they can effectively give things away and undercut competitors who are trying to be sustainable.

Would've also been interesting if they had separate guidance for crypto startups.