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I dont know what you thing about that, but imo it is a dishonest

> _YC is rightly known for early stage investing. In recent years, we have also done some late stage investing. But late stage investing turned out to be so different from early stage that we found it to be a distraction from our core mission._
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it is just so obvious that these are two different leagues, early and late, that i can’t believe they had to test it to come to that conclusion, which is actually the FIRST statement one HAS to do when considering late and early

the reality is that they wont be able to raise another continuity fund, full stop, not because they realized they wanted to go back to their roots. they were forced to, and dont admit it.
Wednesday, March 15, 2023

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