Re:Why do most YC startups go nowhere?
by timparsa on Tuesday August 09, 2022 @07:52PM
(#32406220)
That's very interesting. I did not know that was the case.
I've thought about how the reasons VC is so important can be ranked:
1. Validation is antidote to founder burnout
2. Collaboration improves iteration.
3. Money covers founder and startup expenses.
The money isn't the most important thing in my experience.
I think there's a big opportunity to shift the validation/collaboration to early stages and for more founders and the result will be more and better and bolder startups.
I'm pretty sure there's a giant unlock connecting founder vision, community, and VC.
I've thought about how the reasons VC is so important can be ranked:
1. Validation is antidote to founder burnout 2. Collaboration improves iteration. 3. Money covers founder and startup expenses.
The money isn't the most important thing in my experience.
I think there's a big opportunity to shift the validation/collaboration to early stages and for more founders and the result will be more and better and bolder startups.
I'm pretty sure there's a giant unlock connecting founder vision, community, and VC.