Re:The Startup Zeitgeist
by imacat on Wednesday May 04, 2016 @09:33PM
(#11633339)
Yes, it also shows how volatile people are when it comes to doing a startup.
I understand the usefulness of pivoting, but as it stands, people are pivoting across entire industries (into industries where they are completely inexperienced) for the sake of getting funding.
Some cross-pollination between industries is beneficial, but right now you have too much of it - It turns everyone into a snake oil salesman - All bling no substance... Everybody knows a bit about everything but nobody knows everything about anything.
YC encourages a breadth-first mentality which is subpar when it comes to encouraging deep innovation.
The YC decision process should be seen like a decision tree with the minimax (adverserial search) algorithm switched on... Applicants are YC's opponents, not their ally and they are always looking for ways to subvert the system.
I understand the usefulness of pivoting, but as it stands, people are pivoting across entire industries (into industries where they are completely inexperienced) for the sake of getting funding.
Some cross-pollination between industries is beneficial, but right now you have too much of it - It turns everyone into a snake oil salesman - All bling no substance... Everybody knows a bit about everything but nobody knows everything about anything.
YC encourages a breadth-first mentality which is subpar when it comes to encouraging deep innovation.
The YC decision process should be seen like a decision tree with the minimax (adverserial search) algorithm switched on... Applicants are YC's opponents, not their ally and they are always looking for ways to subvert the system.