Comment by lapp0

5 years ago

It appears there's at least a little nepotism and/or incompetence at play, considering crap like Dreamworld got YC'd

6 comments

lapp0

Tbh, YC is not a public taxpayer-funded institution: they are free to fund whomever they like, be it nephews, spouses, or relatives.

lapp0 5 years ago

Of course, but they're liable to damage their reputation as a VC firm if they continue funding garbage without vetting it at all, just cause someone's techbro buddy asked nicely for YC's backing.
moogly 5 years ago

And we're free to call it for what it is: nepotism
bosswipe 5 years ago

Yes but a lot of YC's value derives from their reputation which is given to them by people like us.