Honest question: have the specific funding goals of YC changed to accommodate more pedestrian "lifestyle" businesses? A number of these companies look like they could make viable businesses turning out respectable multi-million-dollar-a-year profits without ever being a target for a billion-dollar acquisition.
(My understanding is that YC specifically targets opportunities that have hundred-million- to billion-dollar potential, so perhaps my underlying assumption is wrong here.)
Does this mean YC is hedging their bets, or are they amenable to funding "low" potential companies now? That would seem to jive with their recent public statements about wanting to expand, since not all viable businesses see huge exits.
(My understanding is that YC specifically targets opportunities that have hundred-million- to billion-dollar potential, so perhaps my underlying assumption is wrong here.)
Does this mean YC is hedging their bets, or are they amenable to funding "low" potential companies now? That would seem to jive with their recent public statements about wanting to expand, since not all viable businesses see huge exits.