Karnage on Nostr: “When asked about its propensity to back competitors, a YC spokesperson said that ...

“When asked about its propensity to back competitors, a YC spokesperson said that the organization is more interested in the founders’ backgrounds than their business ideas.” - I think that makes sense. You’re investing in people and their potential.

https://techcrunch.com/2024/11/22/y-combinator-often-backs-startups-that-duplicate-other-yc-companies-data-shows-its-not-just-ai-code-editors/