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Re:Welcome Peter by adoming3 on Tuesday March 10, 2015 @06:30PM (#9181182)
Thiel joining makes YC look like the 1992 Olympics "Dream Team" compared to all of the other accelerators.
Re:Welcome Peter by ub on Wednesday March 11, 2015 @01:11AM (#9182682)
Taking a contrarian viewpoint. Does the convergence of all talent into one team actually reduce the innovation in the startup ecosystem. Similar to your sports analogy, the best games result when multiple talented teams fight it out. If all startups that become big are YC-funded, then we might see just the YC-influenced style of running a company whereas other models may not see the light of the day.
Re:Welcome Peter by philwelch on Wednesday March 11, 2015 @01:30AM (#9182740)
That's because sports are inherently competitive endeavors. This isn't necessarily true of startup investing.
Re:Welcome Peter by krschultz on Wednesday March 11, 2015 @08:39AM (#9183723)
What? From my experience startup investing is ruthlessly competitive. Every VC backed startup I have worked at had competitors funded by other VCs.
Re:Welcome Peter by philwelch on Wednesday March 11, 2015 @12:50PM (#9185039)
But it's not competitive in the same way sports are. If you're a basketball team, you only succeed by beating other basketball teams. If you're an investor, beating other investors isn't the definition of your job. It might happen incidentally, but not by definition.
Re:Welcome Peter by StartupLSatoshi on Tuesday March 10, 2015 @09:59PM (#9182080)
Andreessen Horowitz should shake things up and launch an accelerator of their own.

99% joking, but they have a big enough brand that it would be interesting, at least.

Not that they'd necessarily want to - they get to pick the best YC graduates and take bigger stakes in them, anyway.

Re:Welcome Peter by mrdrozdov on Tuesday March 10, 2015 @09:10PM (#9181918)
Funny that you make a sports analogy here. I wonder if the partners see themselves as players or coaches. After listening to Scott Kupor from a16z talk, I know that they see themselves as a talent agency rather than being directly involved in the "sport".
Re:Welcome Peter by angersock on Wednesday March 11, 2015 @01:37AM (#9182759)
Thank god business is more street fight than organized sport.