| ▲ | willturman 3 hours ago | ||||||||||||||||||||||||||||||||||||||||||||||
How long until YCombinator stops listing Flock "Safety" on their website as one of their proud VC success stories? | |||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | CobrastanJorji 3 hours ago | parent | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
Flock was valued at $7.5 billion last year, and it's probably worth more now. It's absolutely one of YCombinator's success stories. YCombinator's goal is to make a lot of money by causing there to be more startups, and therefore more successor startups. "Make the world a better place" is not one of their success metrics. They're investors, not altruists. | |||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | john_strinlai 3 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
never, it is a shining success when viewed through the eyes of venture capital | |||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | rvz 3 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
Never. We should not expect any VC no matter how big or small to care. | |||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | lm28469 3 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
It prints money and harvest data, the holy grail basically, why would they remove it | |||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | dyauspitr 3 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
Hunh, didn’t know flock was ycomb. | |||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | propagandist 3 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
The new leadership (Tan) is utterly shameless and free of moral constraints. I wouldn't count on it. | |||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | altairprime 3 hours ago | parent | prev [-] | ||||||||||||||||||||||||||||||||||||||||||||||
Why would they? There’s no “pro-social” enforcement in their funding terms, so they’re just as “morals aren’t applicable to profit” as any off-the-shelf C-corp is. If they required their startups to found B-corps then I’d understand trying to apply human ethical concerns to them, but they don’t, so human morals simply don't apply. | |||||||||||||||||||||||||||||||||||||||||||||||