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You're painting with too broad a brush. There are kinds of founders who are in conflict with their investors (first-timers without significant savings), but there are plenty who have the same risk tolerance as their investors do.

A fairer complaint to make is about the tension between investors/founders and employees.

This is all neither here nor there, though, because whatever kind of founder you are, you are vastly more likely to get external financing in the post-YC era than you were before YC happen. YC funds all kinds of companies that aren't immediately on a moonshot trajectory. VC firms as a rule don't.

I am not a YC booster, but I've been in startups since '95, and there is just no comparison. YC has made things significantly better for founders everywhere.



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