21min chapter

"Turpentine VC" | Venture Capital and Investing  cover image

E7: How Floodgate Differentiated Again From Thousands of Seed Firms

"Turpentine VC" | Venture Capital and Investing

CHAPTER

YC's Unique Economics and Contrarian Approach

This chapter explores how YC is able to make a lot of money while following a non-consensus approach. It highlights the special economics YC offers to founders and emphasizes that thinking and acting differently than others leads to super performance. The chapter also discusses the concept of incubation in venture capital and the importance of understanding founders' unique circumstances.

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