As the article states, YC’s key asset is their deal flow. You simply don’t get that if you only write 1% of the best seed checks.
If you don’t eat the pie, someone else will. If someone else eats more pie than you, they will be stronger than you and eat your pie.
Switching analogies, unless you have a defensible niche with a wide moat, your position of power is an unstable equilibrium; in the open market only a monopoly is a stable attractor state.
If you don’t eat the pie, someone else will. If someone else eats more pie than you, they will be stronger than you and eat your pie.
Switching analogies, unless you have a defensible niche with a wide moat, your position of power is an unstable equilibrium; in the open market only a monopoly is a stable attractor state.