Comment by kshri24
1 year ago
Agree completely. That entire PeerAI BS put a really bad taste in my mouth w.r.t YC. It is fine to fund Companies that might create products with their own sweat/labor which might compete with their existing portfolio companies. That is healthy competition. But what happened here is not that!
If I fork a popular repository on GitHub, say Plausible, change the name of the product and then apply to YC, you are telling me I have a non-zero chance of getting selected if I just come up with a better business plan than the Plausible team? WTAF? That is horrible! Where are the standards here?
And no YC cannot hide behind the "You choose a wrong License" argument. That is legal BS and does not apply to TRUST built between Investors and Founders.
This is serious credibility damage to YC.
Disgusted.
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