YC's Biggest Scandals
31–40 of 102 posts
Re: YC's Biggest Scandals
#32YC has funded over 5000 companies, and this page catalogs 39 that failed, many of which, on the sites own terms, are simply business failures, with no additional drama. I don't think the authors of the site realize the case they're actually making here.
Re: YC's Biggest Scandals
#33Re: YC's Biggest Scandals
#34As an alum from the ancient days I take issue with many of the companies that YC funds these days. Flock? 9 Mothers? This shit is dystopian and I hate that I’m somehow even tangentially associated with it.
9 mothers appears to do defense from drones which seems completely ethical. What is dystopian about that?
Re: YC's Biggest Scandals
#35Re: YC's Biggest Scandals
#36While I agree that YC appears rotten to the core at this point, it’s almost impossible to sustain a criticism of the accelerator because they make so many little investments. No matter what you accuse them of, they’ll dismiss it by saying you’re cherry-picking. I have to admit, it’s a brilliant strategy to avoid any kind of accountability.
No, it's not impossible. All you have to do is make a case. Here, by the numbers, the case being made is a 3.9% failure rate, less than half of which is scandalous, all of which appear to boil down to "YC should have known better than to invest in these particular founders". Make a better case! If they're "rotten to the core", that should be easy. I don't think the number of investments they make is your real hurdle…
I also think it's pointless to howl at the sky about how depressing this is. It's just the current reality of SV. I'm not going to pretend that what a16z is funding is any better (or worse).
Re: YC's Biggest Scandals
#37Re: YC's Biggest Scandals
#38As an alum from the ancient days I take issue with many of the companies that YC funds these days. Flock? 9 Mothers? This shit is dystopian and I hate that I’m somehow even tangentially associated with it.
9 mothers appears to do defense from drones which seems completely ethical. What is dystopian about that?
Re: YC's Biggest Scandals
#39> Parker Conrad's redemption arc after Zenefits hit a plot twist when Rippling sued competitor Deel for planting an undercover spy inside Rippling who was paid €5,000/month by Deel's CEO to steal trade secrets . The DOJ opened a criminal investigation. Deel allegedly ran the same playbook at crypto HR startup Toku. YC uses Rippling for their own HR — awkward.
I am curious what the motivation for creating this was
Re: YC's Biggest Scandals
#40Between every surface being a link and the needless redacted text flourishes, this site is kind of awful to navigate on mobile.