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1) Angels and YC can't really even be mentioned in the same sentence as VC's. Totally different goals and alignments. 4) Not true, many counterexamples, most n

• lzw 16y ago
  In an attempt to not be so vague as to be meaningless, it appeared like I was putting words into YCs mouth, which is not what I was intending. It is more simply stated that we have different priorities. As a result of my experience with VCs, I structured our business so as not to need them, and ended up not needing Angels or YC either. No question the market for tech investment has shifted and YC lead the way, and I would say that I like a lot of what I've seen about the way it is going. The lean startup is the way to go for web/software startups these days, and YC is a contributor to that trend.
• fookyong 16y ago
  re: (4) - an anecdotal example does not imply intent. Wufoo is a good PR case for YC in that it has contributed to the startup ecosystem a sustainable, profitable company that creates value. It's good to see. However, YC cannot survive on happy thoughts. The fund and LPs need to see big returns for the wheel to keep turning, and growing happy sustainable businesses doesn't move the needle enough. Realistically, YC probably needs to push out a mix of sustainable companies for good ecosystem PR, and a handful of home-runs that keep the LPs happy and the fund financially viable. To say that Wufoo is an "example" of YC's backing of neat sustainable businesses is to see half the picture.