What's the use-case for all of this sh...tuff?
investment opportunities for rich people
>9GAGOnly oldfags will remember that one
>>106459501throwing shit at the wall and seeing what sticks is a valid strat anon
It's a form of financial fraud.Keep in mind that YC takes money from limited partners (i.e. big pension funds, hedge funds, etc.)The scam is that all those startups are selling services to each other, so they can essentially make up numbers about growth, etc.>BingLoo (YC '23) will profit from the fact its biggest user, KleperPoint (YC '19), has an annual growth of 38%, after signing a contract with Cybitneat (also a YC company)
>>106459650considering how most of that list are things that still exist im not really convined
>>106459501Places for rich people to park their money while jerome powell 10Xs the money supply. If any of them are even "break even" quality companies they will make 10X their investment in the inflated dollar environment
>>106459557Good times invading other sites and claiming to be from 9GAG.
>>106459501Most startups fail, but Y Combinator's business model is about profiting massively from those that succeed.
>>106459501The more I look at startups and how much money they get from equally braindead VC funds, the more I think it's all just a large money laundering/tax evasion scheme on a grand unimaginable scale.
>>106459650amazing insight thank you. its a big nepotistic club.>>106459657kys
