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My open source project was relicensed by a YC company [license updated]

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931 points sohzm | 1 comments | 04 Jul 25 02:04 UTC | HN request time: 0.207s | source
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Havoc ◴[04 Jul 25 09:45 UTC] No.44462964[source]▶
To a casual outside observer the quality of the companies YC invests in seems to have absolutely cratered. Have they just given up on vetting and switched to a throw money at everything approach?
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seunosewa ◴[04 Jul 25 10:05 UTC] No.44463085[source]▶
My feeling is that they are investing in founders who they find impressive who are working in AI. Not so much in the uniqueness of their ideas.
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diggan ◴[04 Jul 25 10:27 UTC] No.44463207[source]▶
Isn't that a very outspoken objective of YC, to fund people, not ideas? Long time ago I caught up to what YC is doing, but even when I first joined HN back in like 2013 I think the whole "Fund people, not ideas" shtick was already explicitly what they were doing, unless I remember wrong.
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danybittel ◴[04 Jul 25 10:41 UTC] No.44463291[source]▶
Isn't "fund people" just hiring without the extra steps?
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ibz ◴[04 Jul 25 11:32 UTC] No.44463581[source]▶
Isn't that what VCs in general are doing? Hiring for more money, with more expected gains from you, with a different kind of legal arrangement, but still hiring nevertheless.
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imwillofficial ◴[04 Jul 25 12:19 UTC] No.44463889[source]▶
No, words have meaning.

If i order fast food im not hiring the worker because i pay them.

Hiring means one thing, investing means something else.

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1. paulryanrogers ◴[04 Jul 25 15:44 UTC] No.44465517[source]▶
VC's can force the company to pivot or double down on things not (yet) working. You don't tell the fast food worker to build houses.