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That's a club within the venture capital status system, right?



Which really existed for how long? YC was one of the groups that created that system.


Uhh, 35+ years before YC, which is less than 20 years old.

And the VC system arguably evolved from the system that funded whaling voyages, though I really think it dates back to the joint stock limited liability corporation.


now, yes. Not when it started.


I don't know about the beginnings of YC.




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