The article states: "I think the problem is rooted in the business model that seems to be preached by Y Combinator: build a great product, choose investment over income, and exit as quickly as possible."
I'm pretty sure I've heard the first point mentioned before by the partners of YC, but I'm not sure I've seen evidence of the others. Is there actually evidence of YC telling its classes to exit as quickly as possible? My guess is any quick exits are more likely as a result of founders being offered a chance at a payout rather than YC pushing them to exit.
To add to your last point pg stated more than once that the best outcomes for YC will occur if companies can make it to IPO. That's not a short-term play.
I think that the overall list of 'fastest companies to IPO' might be skewed by the dot-com bubble companies that were fast to IPO but failed soon afterwards thanks to having no real business model or income.
Not that I know of. Although it would only be non-YC companies (no YC company has IPOd yet - Dropbox and Airbnb are the likely candidates but Weebly has also hinted that they might be in a position to consider it soon)
I'm pretty sure I've heard the first point mentioned before by the partners of YC, but I'm not sure I've seen evidence of the others. Is there actually evidence of YC telling its classes to exit as quickly as possible? My guess is any quick exits are more likely as a result of founders being offered a chance at a payout rather than YC pushing them to exit.