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957

Frighteningly Ambitious Startup Ideas

March 2012 One of the more surprising things I've noticed while working on Y Combinator is how frightening the most ambitious startup ideas are. In this essay I'm going to demonstrate this phenomenon by describing some. Any one of them could make you a billionaire. That might sound like an attractive prospect, and yet…

958

VC Insanity, Explained

…or, why VCs do what they do (Note: this post also appeared as a guest post on Techflash) VC behavior sometimes looks insane, but generally it’s just sound economics. It’s crazy but true: if you know how a VC gets paid, you can pretty much read their mind. Here’s a few examples: VCs don’t actually seem to want to take…