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duckfang | 4 years ago

It's not just VC finding.

It's YCombinator funding.

From https://tracxn.com/d/companies/platohq.com

Jun 01, 2016 : $120K : Seed : Y Combinator

How many predatory and scammy companies does YC have to fund, before we directly question YC itself?

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SQueeeeeL|4 years ago

Wait, do people assume YCombinator has any standard to their funding? I thought we all knew that it was just a hype machine wrapped around a bog standard VC group. Of course they'll fund them, it has a sick name and an idea you can state in 60 seconds, so Plato will probably get sold to a textbook manufacturer or something for 70 billion dollars because it's 2021 and nothing makes sense

paulcole|4 years ago

> do people assume YCombinator has any standard to their funding

Some people for sure assume this and it’s a testament to the work YC has put into marketing and PR. Just look at HN — a mammoth content marketing project — for a VC fund. Just enough YC propaganda mixed in to where people still believe it’s impartial Hacker News.

Grustaf|4 years ago

> Wait, do people assume YCombinator has any standard to their funding

That is basically the whole point of YC, that their investment gives you a stamp of approval.