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I'd be very interested in the specifics of how and why late stage investing is so different that the success of YC in early stages doesn't translate.
It requires due diligence and knowing how to invest instead of throwing darts and celebrating the occasional bullseye as proof of your acumen.
> Seventeen of our teammates are impacted today. Never allow corporations to speak in passive, weak, blameless terms. Use direct, honest, language, and force them to do the same. "Seventeen of our teammates are impacted today." - > "We laid off 17 employees today" "I was impacted by layoffs" -> "Google laid me off" etc
> Seventeen of our teammates are impacted today. Never allow corporations to speak in passive, weak, blameless terms. Use direct, honest, language, and force them to do the same. "Seventeen of our teammates are impacted today." - > "We laid off 17 employees today" "I was impacted by layoffs" -> "Google laid me off" etc
Earlier quoted context omitted.
If it is, bad look for YC: obviously they did not think it was apparent, and they should be the experts.
YC took a risk with a new division and then closed it when it didn't work. That's not a "bad look" at all.
> Seventeen of our teammates are impacted today. Never allow corporations to speak in passive, weak, blameless terms. Use direct, honest, language, and force them to do the same. "Seventeen of our teammates are impacted today." - > "We laid off 17 employees today" "I was impacted by layoffs" -> "Google laid me off" etc
> Seventeen of our teammates are impacted today. Never allow corporations to speak in passive, weak, blameless terms. Use direct, honest, language, and force them to do the same. "Seventeen of our teammates are impacted today." - > "We laid off 17 employees today" "I was impacted by layoffs" -> "Google laid me off" etc
Does this also mean YC is killing off their YC Continuity Programs: >> Series A Program: Help founders achieve the best possible outcome when raising a Series A via year-round workshops, fundraising guides and 1:1 support. >> Post-A Program: Batches for YC startups immediately after their Series A to share best practices for growth: managing a board, building a team, key metrics for a Series B and more. >> YC Growth…
Yes https://news.ycombinator.com/item?id=35142261
Earlier quoted context omitted.
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 .
edit: Oh well the other commenter was the new CEO LOL, not used to reading usernames. I guess that adds a bit of bias but I believe it's a true statement.
> Seventeen of our teammates are impacted today. Never allow corporations to speak in passive, weak, blameless terms. Use direct, honest, language, and force them to do the same. "Seventeen of our teammates are impacted today." - > "We laid off 17 employees today" "I was impacted by layoffs" -> "Google laid me off" etc
Does this accomplish anything other than increasing resentment?
How much $ does YC make per employee?