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Dan Romero
Welcome to @garrytan, CEO of Y Combinator! He’s kindly agreed to do an AMA. Reply with your questions. :)
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Salvino Armati ↑
i know that YC has funded things like opensea, coinbase, protocol labs. but i find that that most crypto founders don’t consider YC when starting their company why do you think that is? have you thought about doing more to attract crypto founders?
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Garry Tan
I think crypto has developed a parallel capital world to the standard non crypto world. The number one problem an investor has often is to avoid adverse selection. So to the extent that we can select better crypto startups in 2024 then the cycle is proverse selection instead of adverse. I haven’t figured out how.
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