I have no opinions whether YC is good or not but this is such na incredible take on why it’s “bad”

I have no opinions whether YC is good or not but this is such na incredible take on why it’s “bad”

https://x.com/dvassallo/status/1781751108211511680?s=46

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In simple terms: They're an organization that gets startup ideas from founders, filter then and invest in those that qualify to make the ideas reality. With the goal of eventually getting some percentage when the startup starts making money

Well it has up and downsides. Daniel mostly stated it's disadvantages

Hmm I see now, and you don’t think it that good?