Concentration and diversification are fundamentally opposed in risk management.
It’s ludicrous to suggest that somehow YC is “immune” to the risks that are associated with concentration of investment in one area.
I don’t buy the “we pick founders not technology” argument.
Rubbish. It’s a hype bubble. You’re seeing that as emergent behaviour because it gets funding; there’s no amount of hand waving that makes any of the risks in the parent comment either a) wrong, or b) YC somehow magically exempt from.
Are you seriously suggesting that YC just doesn’t do risk management or cross-startup risk analysis?
Concentration and diversification are fundamentally opposed in risk management.
It’s ludicrous to suggest that somehow YC is “immune” to the risks that are associated with concentration of investment in one area.
I don’t buy the “we pick founders not technology” argument.
Rubbish. It’s a hype bubble. You’re seeing that as emergent behaviour because it gets funding; there’s no amount of hand waving that makes any of the risks in the parent comment either a) wrong, or b) YC somehow magically exempt from.
Are you seriously suggesting that YC just doesn’t do risk management or cross-startup risk analysis?
I simply cannot believe that.