Comment by moomin

1 year ago

Yeah, but they used to care about your moat and “Did some easily replicable work on a product anyone can duplicate.” ain’t it.

Did they? YC regularly funded competitors. This was always true. Fundamentally, YC is betting on founders. They're optimizing for founders who can move fast enough to find a moat before they die, that's it.

They fund competitors because most YC companies usually pivot out anyway.