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Re:So A Blogger Walks Into A Bar… by gruseom on Wednesday September 22, 2010 @12:57PM (#1716758)
I agree that YC are able to identify great hackers and great founders more easily because they are these things themselves. What's little recognized is how big a difference this is between YC and the other YC-like funds.
Re:So A Blogger Walks Into A Bar… by wensing on Wednesday September 22, 2010 @02:46PM (#1717116)
Yes. I had a colleague apply for TechStars and her takeaway from the interview was "he was really focused on where the business was." Doesn't seem in line with what I've heard about YC's primary interest (it's not the business model).
Re:So A Blogger Walks Into A Bar… by gruseom on Wednesday September 22, 2010 @03:54PM (#1717296)
It seems kind of obvious that most successful startups don't succeed via the business model they started with. And that great founders can change business models more easily than great business models can change founders. These things are so obvious that they're cliches, in fact, but that doesn't mean that they're common practice.