News for hackers. Stuff that matters.

A comment on Y Combinator often backs startups that duplicate other YC companies, data shows. Parent comment

Re:Y Combinator often backs startups that duplicate other YC... by mrcwinn on Tuesday November 26, 2024 @10:21AM (#42246521)
They say that, but what if the opposite was the actual truth?

Look every VC is "founder friendly" because without founders there's no deal flow. At the end of the day though every VC is optimizing for exit value.

So it makes sense to bet on the same idea twice. If Founder A screws the pooch, you've still got Founder B.

[ Parent | on HN ]
Re:Y Combinator often backs startups that duplicate other YC... by ericjmorey on Tuesday November 26, 2024 @11:30AM (#42247108)
This matches typical VC investment patterns.
[ Parent | on HN ]