Re:YC company copied our product, what can we do?
by jacquesm on Thursday September 07, 2023 @02:03PM
(#37423047)
I'm not sure what YC's stance is on investing in established businesses, but in the VC world as a rule it is 'not done' to invest in multiple competitors active in the same field. That path is rife with conflicts of interest.
Re:YC company copied our product, what can we do?
by nico on Thursday September 07, 2023 @02:23PM
(#37423364)
You are right. Not sure about their official policy, but I know of multiple instances of where they’ve invested on competitors of their own companies
Sometimes this happens without them even knowing, because they put money into a company very early on, then the company pivots and starts competing with another YC company
Re:YC company copied our product, what can we do?
by jacquesm on Thursday September 07, 2023 @02:26PM
(#37423404)
All of the VCs I'm involved with would definitely have a problem with that.
You can still apply multiple times after getting rejected. There’s plenty of stories of companies/founders that only got into YC after several rejections
To be honest, if I were in their situation I wouldn’t apply again, but it could be a good move regardless