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A comment on Launch HN: Type (YC W23) – AI-powered document editor. Parent comment

Re:Launch HN: Type (YC W23) – AI-powered document editor by anon291 on Wednesday April 05, 2023 @10:55AM (#35455294)
You don't buy that people want their investments to succeed and their friends to become rich? Those seem like some of the strongest incentives to me.
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Re:Launch HN: Type (YC W23) – AI-powered document editor by nylonstrung on Wednesday April 05, 2023 @12:03PM (#35456366)
So the YC Partners are actively investing in worse companies that will degrade their returns so that OpenAI/Microsoft can add new customers that do almost no volume compared to ChatGPT or Bing?

That's not how YC or VC works.

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Re:Launch HN: Type (YC W23) – AI-powered document editor by anon291 on Wednesday April 05, 2023 @12:47PM (#35456981)
There's more to businesses than simply the underlying tech. If technical superiority were the sole determinant of business success, the tech landscape would look a lot different today.

Rather, YC is banking that some of the use cases get people hooked, thus causing vendor lock in, to these new apps, which end up benefiting YC both by benefitting the companies they're funding as well as benefitting open ai.

I don't share the sentiment that companies that are 'just' layers over OpenAI are incapable of building moats.

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