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Well put! It’s my pet peeve as it’s so prevalent especially in tech/vc twitter and it can be source of a lot of bad advice. A growing chunk of Twitter is tech/life equivalent of Brad Pitt giving dating advice.
Do you understand that YC funds nonprofit as well as for-profit startups? If you concede that the latter gives me insights about for-profit startups (as in fact it does), why does that suddenly stop working in the case of nonprofits?
I’ve always appreciated that you have made so many investments you can make evidence-based claims. What’s the evidence here? Have you funded more sociopathic non-profit founders or for-profit founders?
Ideally you don't fund them, but we noticed more of them among the applicants. Plus I've learned a lot about the broader nonprofit world from talking to the nonprofits we've funded. It's an open secret. Look at some of the replies and retweets.
Not following your logic, Sandy. You don't believe that Warren Buffett, Bill Gates, or Oprah can truly assess philanthropic endeavors? The three of them alone are solving more problems than half of the country. They must *know* something.
I don't follow your point. If Buffet etc generalize from their personal experience with a subset of a category of people to the entire category, then they might be committing a logical foul. Steve Young once noted how he only started getting lots of free stuff once he was rich.
Massive selection issues. When I first got into tech in 2004, I devoured H&P and I've closely read every essay you've published. Couldn't be a bigger fan of your views + YC. But I think it's quite reasonable to doubt whether your sample is indicative of nonprofits overall.
If it's "people starting nonprofits who apply to YC over-index on sociopath" then I'm in. Among pool of non-profits, those who don't apply will be less sociopath. I doubt that's true for YC for-profits. Likely much easier to filter out sociopaths in app funnel for for-profits.
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