Investors: Any startup that gets started during the next few months is disproportionately likely to succeed. Success depends most of all on determination, and imagine how determined you have to be to start a startup in the middle of a global pandemic.
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(Airbnb was founded about a year before. But they were dead at the point when they applied to YC in late 2008. They made the decision to resuscitate themselves and take another shot when everyone else was running for cover.)
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Airbnb is not doing good
it has gotten very expensive and bookings have been declining drastically. Tough to compete againsthttp://booking.com Thanks. Twitter will use this to make your timeline better. UndoUndo
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Hello
@paulg pls can I d.m youThanks. Twitter will use this to make your timeline better. UndoUndo
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what kind of biotech startup I can try if I only have IT infra background? Finding co-founder with that background is difficult.
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Where are you located? Melbourne has amazing biotech University programs and I've come across incredible kids here. I wonder if you can tap into the community here remotely
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Would be interesting to learn if the remote model captures startups that were previously ignored.
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Applied! 3yrs of breakeven financials. 2019 was 3x 2018 and Q1 2020 is 17x YoY. 100% founder owned and in a market fit for disruption. We want the advice more than the $ and joining a remote batch would be a dream, otherwise we’ll keep following the playbook in your essays
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I know. I had been travelling the world no stop for 8 years while managing a small Airbnb-like website. Your decision to fund them forced me out of paradise :) no hard feelings, just a lot of respect.
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But airbnb is going to fail as an actual company. Sure they grew top line and made their initial investors money. But when it’s all said and done it will be indistinguishable from a Ponzi scheme. I’ll hang up and listen.
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Not likely to fail...
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