Comment by mtrovo

Right, I get the same impression from Replit. I don't know why I got subscribed to some weird accelerator newsletter they started and the wording is akin to the nigerian prince scam (and as a side note a REPL website creating an accelerator for sure gives me some dotcom bubble vibes).

I'm sure there are a lot of incredibly clever startup founders out there but I get the impression that more than not you attract founders that are more interested in the status rather than the innovation aspect. I said status not money as a lot of the time these folks don't really care about money as long as they can add a "Founder of X, an YC funded company" on their profile and share their next viral tweet, with lots of adjectives, lots of buzzwords and no depth. Startup funding became a game of convincing others that you as a person deserve the funding, not the company itself.