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Ways YC has changed in the last year

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11–20 of 225 posts

Re: Ways YC has changed in the last year

#11
You are being luddites.

COVID having forced you to be remote is not enough to validate this constant preaching from SV leadership (and only leadership - no one without millions in equity ever lobbies for this) that nothing can replace in person.

The fact that Paul Graham compares it to communism is fitting for so many reasons.

Re: Ways YC has changed in the last year

#12

> Before covid, founders often asked us to run YC remotely so that they would't have to move to SF to participate. We never did…[we feel justified in our decision] Completely ignoring the founders who still have to move, apparently?

And not the most elegant display of the power dynamic between investors and founders, to put it mildly. Note that this self selects for people able and willing to jump through hoops for their investors.

Re: Ways YC has changed in the last year

#14

It's a risky investment strategy to put so much emphasis on AI startups. Not only do you have the already volatile nature of early-stage software companies (which YC is of course used to), but this is a bet on whether machine learning, chiefly LLMs, are going to continue to outperform other technologies and become sustainable to run. There's no question in my mind that 'Open'AI is subsidizing the vast majority of LLM…

I guess what you are saying is buy calls for Nvidia

Re: Ways YC has changed in the last year

#15

It's a risky investment strategy to put so much emphasis on AI startups. Not only do you have the already volatile nature of early-stage software companies (which YC is of course used to), but this is a bet on whether machine learning, chiefly LLMs, are going to continue to outperform other technologies and become sustainable to run. There's no question in my mind that 'Open'AI is subsidizing the vast majority of LLM…

If this was NFTs, what would the winning strategy have been? Strike when the iron is hot and hype is at the maximum and hope to get some exits or subsequent rounds asap, or draw it out. From a portfolio perspective, it's just one batch, might as well go all in and maximally capitalize on hype, no?

Re: Ways YC has changed in the last year

#16
post #3

@dang, please change the root link to the nitter thread.

On one hand, this suggestion stands in opposition to HN rules (link to source) but on the other is more reasonable as linking nitter provides viewer with more information, as an addition to single post that non-registered Twitter users would be able to see.

Re: Ways YC has changed in the last year

#17

YC is a one-trick-pony. If you have a simple product, it can guide you to get users, investors and to scale it up. But don’t expect anything else. It would not help, if you are outside of that scenario. It easily can screw you, by using any product ideas that you’ve refined and sharing these freely with a relevant startup in the batch.

One trick pony? They have created 5-10% of all unicorns in existence

Re: Ways YC has changed in the last year

#18

It's a risky investment strategy to put so much emphasis on AI startups. Not only do you have the already volatile nature of early-stage software companies (which YC is of course used to), but this is a bet on whether machine learning, chiefly LLMs, are going to continue to outperform other technologies and become sustainable to run. There's no question in my mind that 'Open'AI is subsidizing the vast majority of LLM…

I guess what you are saying is buy calls for Nvidia

Please don't turn HN in low effort WSB-like comments.

Re: Ways YC has changed in the last year

#20

Wow, even the bleeding edge, move fast and break things, disruptive crowd has reaffirmed one tradition: "in-person is the best." I think this settles it. WFH is less productive.

No, it only reaffirms, if anything, that fast moving startups benefit from in-person relationship, guidance and communication with peers more than they would over Teams.
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