Changes at YC

I find it almost impossible to not see them as related. Take a look at [0]. Long-term this could be a good decision, I believe early-stage investing really is different to late-stage investment, but of course the moment to make this decision makes it evident there are other factors at play that influence this.

[0]: https://news.ycombinator.com/item?id=35114009

Re: Changes at YC

#6

Post by fnordpiglet » Mon, Mar 13, 2023, 8:49 PM UTC

Sorry to everyone who lost their jobs. It can feel like the end of the world and your worth. But I’ve seen throughout my career people land somewhere better. Someone once wise told me the most important saying in the world is “this too shall pass,” which applies to all things, good and bad.

Re: Changes at YC

#7

Post by garry » Mon, Mar 13, 2023, 8:49 PM UTC

greatpostman wrote: post #3

Wonder if this is related to the current down turn in risk assets and the venture capital blow up

It's not, this is about making YC awesome for early stage founders right at the beginning.

Re: Changes at YC

#8

Post by cheeze » Mon, Mar 13, 2023, 8:50 PM UTC

Weak wording the same as every other company

> Unfortunately, this means we will no longer need some of the roles

> Seventeen of our teammates are impacted

Re: Changes at YC

#9

Post by dang » Mon, Mar 13, 2023, 8:50 PM UTC

greatpostman wrote: post #3

Wonder if this is related to the current down turn in risk assets and the venture capital blow up

It's not—my understanding is that it's been in the works for quite a bit longer than that.

Re: Changes at YC

#10

Post by dang » Mon, Mar 13, 2023, 8:50 PM UTC

doodlesdev wrote: post #5

greatpostman wrote: post #3

Wonder if this is related to the current down turn in risk assets and the venture capital blow up

I find it almost impossible to not see them as related. Take a look at [0]. Long-term this could be a good decision, I believe early-stage investing really is different to late-stage investment, but of course the moment to make this decision makes it evident there are other factors at play that influence this. [0]: https://news.ycombinator.com/item?id=35114009

The timing does make that almost impossible! But if you want the actual connected edge in the directed graph I believe it's https://news.ycombinator.com/item?id=32637686.