I don't know anything about YC's due diligence. Is it strange they didn't catch ... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		NelsonMinar on Oct 1, 2024 \| parent \| context \| favorite \| on: YC criticized for backing AI startup that simply c... I don't know anything about YC's due diligence. Is it strange they didn't catch this before infesting?

rdlecler1 on Oct 1, 2024 [–]

YC is putting through 200+ companies per batch and making a tiny investment. It’s far more efficient to swallow the occasional bad bet than to do a lot due diligence… Now the VCs that came in after… that’s another story.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact