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1. alexb_+(OP)[view] [source] 2023-11-08 19:56:58
If that's the standard, basically everything that comes out of ycombinator is a scam.
replies(3): >>intelV+zh >>TeMPOr+av >>DonHop+QY1
2. intelV+zh[view] [source] 2023-11-08 21:12:19
>>alexb_+(OP)
That's not entirely true, Arc is pretty good.
3. TeMPOr+av[view] [source] 2023-11-08 22:19:09
>>alexb_+(OP)
On the contrary, a typical startup is more of a scam on the users. The investors go in knowingly and willingly - this is literally how they make money. It's the users that get shorted once the startup suddenly gets acquired or otherwise "exists" - and if they do it through an IPO, then it's additionally the public that gets scammed.
replies(1): >>alexb_+tu2
4. DonHop+QY1[view] [source] 2023-11-09 11:23:15
>>alexb_+(OP)
Ostensibly ycombinator is investing in the founders, not the business, right?
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5. alexb_+tu2[view] [source] [discussion] 2023-11-09 14:43:45
>>TeMPOr+av
A "typical startup" loses unfathomably large amounts of money.
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