The emphasis on "downturn" concerns me. Aren't reputed firms like YC supposed to look at a 10+ year horizon? If this is true, it indicates that earlier investments were based on the market than the fundamentals of the founding team, market, and product.
> earlier investments were based on the market than the fundamentals of the founding team, market, and product
The emphasis on "downturn" concerns me. Aren't reputed firms like YC supposed to look at a 10+ year horizon? If this is true, it indicates that earlier investments were based on the market than the fundamentals of the founding team, market, and product.
> earlier investments were based on the market than the fundamentals of the founding team, market, and product False dichotomy
40% is a massive cut. If the heavy weighing of the market doesn't constitute a dichotomy, then nothing does.
The emphasis on "downturn" concerns me. Aren't reputed firms like YC supposed to look at a 10+ year horizon? If this is true, it indicates that earlier investments were based on the market than the fundamentals of the founding team, market, and product.
the 10 year horizon of a first mover who grows every one of the 10 years looks a lot better than the 10 year horizon of a first mover who is expected to do nothing the first couple years. And you can only invest money your investors give you, and they give you money out of their own funds that are depleted by the downturn, so while you may be right that this is the perfect time to make a 10 year investment, you can't take blood from a stone.
The emphasis on "downturn" concerns me. Aren't reputed firms like YC supposed to look at a 10+ year horizon? If this is true, it indicates that earlier investments were based on the market than the fundamentals of the founding team, market, and product.
The emphasis on "downturn" concerns me. Aren't reputed firms like YC supposed to look at a 10+ year horizon? If this is true, it indicates that earlier investments were based on the market than the fundamentals of the founding team, market, and product.
These startups will need to raise funding within the X months. The amount of money invested in series A rounds next year is not something YC controls.
> earlier investments were based on the market than the fundamentals of the founding team, market, and product False dichotomy
40% is a massive cut. If the heavy weighing of the market doesn't constitute a dichotomy, then nothing does.
It's a massive cut after a sequence of massive, program-redefining increases in batch sizes. The current size is, as their representative says, still a lot bigger than batches were until recently.