> 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.
This isn't the model preached by YCombinator at all. It actually literally runs counter to the model preached by YCombinator. YC is 7 years old, and has approached building companies with pragmatism; it's definitely the case that many startups will fail, a some will exit quickly, and a select few will last long enough and be strong enough to be IPOs, and then even fewer will last long enough as public, independent companies (Google is 13, Microsoft and Apple are both older than 20 years) to try doing things in house like building autonomous, self driving cars, or space rockets.YC is well aware of this dynamic, but the key thing this post misses is: creating a company that lasts, or being a founder well resourced enough to fight again, is a crucial part of being able to build space rockets. You have to be there. So with that in mind the model YC ACTUALLY preaches is more like:
"Talk to users, write code, build a great product, that makes money, and you wont need investors. If you do this, you just might last long enough and be strong enough to build space rockets."
This isn't the model preached by YCombinator at all. It actually literally runs counter to the model preached by YCombinator. YC is 7 years old, and has approached building companies with pragmatism; it's definitely the case that many startups will fail, a some will exit quickly, and a select few will last long enough and be strong enough to be IPOs, and then even fewer will last long enough as public, independent companies (Google is 13, Microsoft and Apple are both older than 20 years) to try doing things in house like building autonomous, self driving cars, or space rockets.YC is well aware of this dynamic, but the key thing this post misses is: creating a company that lasts, or being a founder well resourced enough to fight again, is a crucial part of being able to build space rockets. You have to be there. So with that in mind the model YC ACTUALLY preaches is more like:
"Talk to users, write code, build a great product, that makes money, and you wont need investors. If you do this, you just might last long enough and be strong enough to build space rockets."