This is very much consistent with YC's cardinal principle not to fund bad startu... | Hacker News

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ahc506 on Oct 31, 2012 | parent | context | favorite | on: Because of the storm we're pushing the YC applicat...

This is very much consistent with YC's cardinal principle not to fund bad startup, and not to miss good ones.

At the core, many folks forget that it is their own startup and foundation upon which they should focus, not whether the competition is strong.

ludicast on Oct 31, 2012 [–]

Believe it or not (I'm mostly trolling with the video) I agree 100% and touched on this in the competitor/fear section of my application the other day.

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