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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

#3
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 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.

Re: Venture Firms Fret as Y Combinator Soars

#5
post #4
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?

Click on the annotation and then click "Authors" under the text.

Re: Venture Firms Fret as Y Combinator Soars

#6
post #3
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 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.

I'm of the opposite opinion. I loved it! The concept seems similar to Hypertext [0] (or what it was supposed to be). Would love to see how they handle first-hand commentary from multiple conflicting voices!

[0] http://en.m.wikipedia.org/wiki/Hypertext

Re: Venture Firms Fret as Y Combinator Soars

#7
Network effects at work. VCs will probably not find it amusing if - and of course when - they realize that they have been disrupted. But it is a funny kind of poetic justice.

Everything, even capital markets can be disrupted (or at a minimum greatly shaken up) by a dedicated player with a technological advantage.

And once the network effects kick in you're going to have a very hard time gaining back lost ground.

I predicted YC moving in on capital providers a while ago and I expect that trend to continue once YC has cashed out on their first batch of major hits. They'll be so flush with money that the only reasonable way to use it will be to do their own series 'A'.

Right now that's not in the cards and they should probably deny such a possibility as strongly as they could. But once the money is in they're going to be very much tempted to broaden the scope and become a two stage rocket even though there are obvious drawbacks to that strategy as well.

Re: Venture Firms Fret as Y Combinator Soars

#8
post #3
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 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]

Re: Venture Firms Fret as Y Combinator Soars

#10
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]

Ah, that's the first use of the annotations for this that I've seen. The only other "news" I've seen on Genius before was statements from Genius or a16z, and the annotations only provided more in-depth explanations of the text.
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