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Venture Firms Fret as Y Combinator Soars

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Re: Venture Firms Fret as Y Combinator Soars

#61
post #41

Earlier quoted context omitted.

YC probably most closely resembles the talent agency William Morris.

Nah. WMA is in the business of taking people who are already successful and making them richer. They are negotiators. YC resembles a top-tier investment bank, like Goldman Sachs: they gussy you up for the road show, they introduce you to their very large network of investors, and they take 7%. And they get high prices for their clients because they (YC/Goldman Sachs) has a reputation for getting the best companies in…

William Morris discovers and coaches talent. They take a management fee. They intro their talent to film makers who have money. They're really only looking for super stars, but they sign a lot of other people by mistake.

Re: Venture Firms Fret as Y Combinator Soars

#62
Genius seems to be getting a lot of hate here and I'm not sure why. The UI is certainly odd. To me, it feels like the design is trying so hard to be futuristic and "cool" that it trips over itself and loses some ease of use.

But come on, you can get over that, and to me this was the first use of Genius I've come across where I thought "Damn that was cool, I'll have to use this for more than the occasional lyric."

This was really cool to me because it provided an interactive forum for multiple relevant parties (Sam Altman and Marc Andreessen) to have a debate. I'll get over the funky UI for that content any day.

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