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Venture Firms Fret as Y Combinator Soars

news.genius.com

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Re: Venture Firms Fret as Y Combinator Soars

#11

Post by seats »

terravion wrote: post #8
pconner wrote: post #3

Earlier quoted context omitted.

I use Genius almost exclusively for its rap annotations, so reading news on this platform felt strange to me. While I can definitely see its merits for lyrics/poetry, I'm not sure how much I like it in this context. I think that expository/news articles should be written well-enough that annotations (other than hyperlinks, I guess) are unnecessary.

The point of this annotation was for someone who disagrees with the author to offer a point by point take down in the context of the original article. You could understand the article (at least the view the author wants to promote) just fine without the annotation--the annotation provides a counterpoint that systematically undermines the premise of the article. [edit spelling]

Agree! I was going to reply to some of Sam's comments, but stopped because this is not at all what Genius was designed for and my reply to his comments wouldn't fit the UX.

Re: Venture Firms Fret as Y Combinator Soars

#13

Post by chaostheory »

This is what happens when (as an industry) you don't treat people well, when you feel have the power to do as you please. Let me explain: pre-Ycombinator a lot of VCs would routinely either abuse or just simply ignore a lot of entrepreneurs. Someone can correct me but YC was a response to that. One reason everyone flocks to YC is because everyone knows that YC is fair and trustworthy. That's not the case anywhere else (at least back then).

Re: Venture Firms Fret as Y Combinator Soars

#15

Post by jacquesm »

chaostheory wrote: post #13

This is what happens when (as an industry) you don't treat people well, when you feel have the power to do as you please. Let me explain: pre-Ycombinator a lot of VCs would routinely either abuse or just simply ignore a lot of entrepreneurs. Someone can correct me but YC was a response to that. One reason everyone flocks to YC is because everyone knows that YC is fair and trustworthy. That's not the case anywhere els…

They also have a relatively transparent application process. I think that means a more level playing field based on merits rather than on who you know.

Re: Venture Firms Fret as Y Combinator Soars

#17

Post by wlucas »

It's hard to believe credible venture institutions would be upset by these moves. I can't speak on specific deep-pocketed VCs who offer nothing more than cash -- which is not what most startups need. However, firms that offer nothing more have their fodder here to complain here as they'll have to rely on real value also to keep them in play. They'll be forced to step it up. Reminds me of Jay Z's quotes on sports agents:

http://profootballtalk.nbcsports.com/2013/07/12/jay-z-says-h...

Re: Venture Firms Fret as Y Combinator Soars

#18

Post by state »

Permit wrote: post #4
nostromo wrote: post #2

I don't use Rap Genius often, so I almost missed sama's responses. Be sure to click on the annotations to see them.

I'm not sure how one is even supposed to know that Sam was the one writing the annotations. Is there even a way to see who wrote them?

https://twitter.com/sama/status/509133306278211584

Re: Venture Firms Fret as Y Combinator Soars

#19

Post by [deleted] »

jacquesm wrote: post #15
chaostheory wrote: post #13

This is what happens when (as an industry) you don't treat people well, when you feel have the power to do as you please. Let me explain: pre-Ycombinator a lot of VCs would routinely either abuse or just simply ignore a lot of entrepreneurs. Someone can correct me but YC was a response to that. One reason everyone flocks to YC is because everyone knows that YC is fair and trustworthy. That's not the case anywhere els…

They also have a relatively transparent application process. I think that means a more level playing field based on merits rather than on who you know.

[deleted]
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