It also offers a convenient way to pull investment out early if the doppelganger startup isn't meeting targets. Just get the original startup to buy them out.
It's not something that is a negative for YC, but it could be for the startups they back.
It also offers a convenient way to pull investment out early if the doppelganger startup isn't meeting targets. Just get the original startup to buy them out.
It's not something that is a negative for YC, but it could be for the startups they back.
Competition is a given usually anyway.
Maybe even in the same batch having very similar companies makes sense -- see the recent rush of YC funded companies that build on whatever OpenAI released -- because different founders/teams can be introduced to different contacts in the YC network.
> So “Ask forgiveness, not permission” meant:
Do the right thing within the organization, whether or not they know it. That way you can help the people that you work for.
> It did NOT mean: Move the extrinsic cost to the public domain so that we can profit.
[0]: https://changelog.com/posts/what-admiral-grace-hopper-really...probably that's Apple. Steve Jobs is more famous for jumping from the failing project (Lisa) onto the winning team (Macintosh)
https://www.latimes.com/business/technology/la-fi-tn-how-the...
the Apple /// shocked people when announced, instead of being a 6809 or 68000, it was... two 6502's? what? who does that
but you're making the same point, he was casting about for success, not predicting the future.
YC and all similar accelerators are an investment tool for its owners and investors, and they really don’t have any financial incentive to ensure that its founders achieve the best outcome for themselves.
there is a youtube video ( pls don’t watch ) that gave me nightmares for days on end. i had completely forgotten about those pelicans and now you had to bring it up again in the comments. the little pelican had a broken leg. It was limping, so mom and brother together pushed it out of the nest. Very cruel.
So similar to companies.
Nature has a tendency to ignore human ideas of justice and ethics.
The will of the stronger is the primary “law” of nature.
Im guessing that pelicans, being predators, are probably much smarter.
Not pelicans. Pelicans are dumb.