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317 points laserduck | 2 comments | | HN request time: 0.414s | source
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herval ◴[] No.42157573[source]
YC is just spraying & praying AI, like most investors
replies(2): >>42157646 #>>42157768 #
1. B1FF_PSUVM ◴[] No.42157646[source]
And liable to make money at it, on a "greater fool" basis - a successful sale (exit) is not necessarily a successful, profitable company ...
replies(1): >>42157776 #
2. thrw42A8N ◴[] No.42157776[source]
In the case of YC, their stake is so low that they don't really get any upside unless it's a successful, profitable company.