88 karma · joined September 9, 2011
I am not taking sides on whether entrepreneurs should sell their companies. But I think there is a problem when bringing up the subject is frowned upon on. I am unsure whether this is a problem with Hacker News' moderation system or it really is a taboo.
Disclaimer: I am not affiliated with Phaxio.
Is it fair to say that YC has decided to step up their offering by guiding founders through the idea brainstorming session? Instead of playing the bidding game of taking smaller equity stakes or coughing up more cash, YC has decided to give founders something much more valuable: an idea. It is always refreshing to see companies focus on innovating the product and not the pricing. Kudos to YC! I expect other accelerators to follow through.