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Y Combinator Warns Startup Founders of Economic Downturn

news.crunchbase.com

19 points by husam212 4 years ago · 3 comments

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saturnaga 4 years ago

It seems to me the only reason to not predict an economic downturn is the belief that the economy is unpredictable.

Almost a type of religious belief in the absolute stochasticity of all possible states of the economic system.

"Maybe the gods will favor us and leave a few favorable draws in the urn. Only the gods can know"

Shadonototra 4 years ago

who would have though that investing in useless companies that generate 0 revenue was a dangerous business, unless you take a cut in-between of course yc ;)

when will people wake up?

defterGoose 4 years ago

Well, when many of their recently funded companies are in the crypto space, I'd say it's the least they can do, though it might 1. Fall on deaf ears, or 2. Fall on dead ears.

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