Re:Scaling YC
by vram22 on Wednesday March 24, 2021 @01:09PM
(#26570039)
>lifestyle business" passive-aggressive shaming
I should have added: by VCs, to founders or prospective founders, for their own selfish vested interests, of course. The more dupes join the startup lottery, the more the "house"[1] (a.k.a. VCs) stands to gain, because it is a numbers game.
[1] Think Las Vegas.
In fact, top VC Fred Wilson wrote a blog post about this "lifestyle business" passive-aggressive shaming business a few years ago, and it had a ton of discussion in the comments. You can find it by a Google or blog search.
Re:Scaling YC
by vram22 on Wednesday March 24, 2021 @01:12PM
(#26570086)
And this does not mean that I am advocating that no one should start or join a startup. I just mean, for your own sake, do your due diligence. It's not only companies or VCs who need to do that.
I should have added: by VCs, to founders or prospective founders, for their own selfish vested interests, of course. The more dupes join the startup lottery, the more the "house"[1] (a.k.a. VCs) stands to gain, because it is a numbers game.
[1] Think Las Vegas.
In fact, top VC Fred Wilson wrote a blog post about this "lifestyle business" passive-aggressive shaming business a few years ago, and it had a ton of discussion in the comments. You can find it by a Google or blog search.