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Acquired’s Ben Gilbert & David Rosenthal on private markets, ZIRP impact, future of Amazon | E1706
This Week in Startups
The Resistance to YC's Growth Fund
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David: I thought it was really smart when YC added the growth fund, the continuity fund to what they were doing for that reason. The thing I added to my game was follow on investing and trying to build a larger position copying what happened with Sequoia and WhatsApp. Maybe they had some resistance to it in terms of raising money or other possibly is maybe the resistance is they don't like competing againstSequoia and Andreessen in those rounds. They found it was creating less investment in YC companies at the early stage because people felt like, Oh, well, YC is just going to slurp this up.
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