I just forked the vs code repo and didn't screw up statements on a license for a business model. I'm clearly the superior hedge and I'll be waiting for my check.
But seriously, this has got to feel pretty shite for continue. What is their impetus to roll out new features when they know that pear can focus on only the icing on top of that milestone, inherently making continue look like a less polished version of pear, when in fact they were the innovators?
I think what we have here is an antisynergy of the incentives baked into open-source and capital speculation. It’s a recursion bug that undermines the incentive structure, and YC was foolish to be so disloyal to their partners.
I don't see many AI companies reaching billion dollar valuations and I don't see any AI company retaining billion dollar valuations in the next five to ten years.
you're obviously joking, but it'd be interesting if you actually tried :)
people seem so caught up in founders' particular ideas at the pre-seed stage and forget that YC is investing in people - specifically: people who try. you can jokingly quip that you'd be better at forking vs code, but at the end of the day they're doing it - not "waiting for their check" - and you're making fun of them on the internet ¯\_(ツ)_/¯
> people seem so caught up in founders' particular ideas at the pre-seed stage and forget that YC is investing in people - specifically: people who try.
Are they? Seems like based on this YC alum [0], the reality these days is otherwise.
You're right, I am joking. I have my own ventures that carry some dignity. It's also premature for a claim that they are "people who try" as they have not produced anything except mistakes and apologies.
Also, maybe consider you're spending your time baselessly defending strangers on the internet. ¯\_(ツ)_/¯
It does dispel the myth that YC is simply investing in founders. They are really investing in the ideas that the partners like and then finding teams who are capable of delivering on it.
Which is of course fine but you see Dalton's Request for Startups and I've not seen only a tiny handful in the last two batches.
Due to YC's large batch sizes and the consolidation of industries such as AI, increasing numbers of YC startups are now directly competing with each other.
When 98% of your "product" is a thin wrapper around chatGPT, you will of course end up competing against every other product that is a thin wrapper around chatGPT.
Not really. The medical ChatGPT wrappers don't compete with the legal ChatGPT wrappers or the code editor ChatGPT wrappers. It has been argued (ad nauseam) that ChatGPT itself competes with all the wrappers, not that the wrappers compete with each other.
They don't compete right now, but surely the architecture of the system will be quite similar, or solve very similar types of challenges. So it should become easier to jump domains when these solutions mature.
A legal wrapper will use domain specific legal expertise to structure and develop their product and functionality. It will likely have many functions that are specifically optimized for the legal use case.
If a wrapper can easily move across many domains, then the wrapper likely adds little value to the base model.
