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Can you elaborate on this — or any evidence?
by pylua 3y ago
Can you elaborate on this — or any evidence?
- user_7832 3y agoI think it’s partially because of the nature of VCs (which is partially why I’d never use a vc but rather bootstrap and fail). If your parent organisation’s goal is a 100x return you don’t mind 9/10 startups burning up in an attempt. YC in that sense is a full “all guns blazing” thing. It’s generally younger folks who don’t mind eating ramen and don’t have to take care of a large family, and hence are more likely to go into a startup full time. Combine these two and I think you see what I mean. Btw this isn’t a new criticism of YC/VCs, it’s something that’s been around for a while.