prickledpear

I'd love to see the numbers on this if you have them in a shareable format. How did your model account for value deflation and what assumptions did it make about storage tech?

It's great that YC provides feedback on why they don't accept (some) companies. However, it's a bit disappointing to see that not having MRR is a reason to reject a company. It seems like a lot of the successful YC companies were accepted way before they were anywhere to close to revenue -- and some were even working on a completely different product when accepted.

My hope is that MRR is sufficient, but not necessary for acceptance!

Their typescript compiler may not be targeting the correct ecmascript version so the typescript generated could be using polyfills instead of native features.

It's a little hard to tell if you're asking "are there laws against monopolies?" or "should there be laws against monopolies?".

The answer to the first is a certain yes. There are laws against businesses forming monopolies in the United States. You can read up on the Sherman and Clayton antitrust acts from the 1890s and 1910s to start with. There is also considerable case law stemming from this legislation.

The answer to "should there be laws against monopolies" is a little more open. One theoretical justification for breaking up monopolies, is that in some cases monopolies cause economic inefficiencies. Look up "deadweight loss from monopoly pricing".

It's very complicated to measure any efficiencies or inefficiencies from tech monopolies, so I don't think there's a clear answer.

It's also not generally agreed upon that economic efficiency should be the goal of government, so there is a lot of room for debate on that question.

Can anyone help me appreciate non representational art like that of Mr. Johns?

One specific question I have is: do his individual works stand alone or do you have to understand his life and/or complete body of work and the context in which it was created to appreciate it?

If you saw one or two of his paintings without ever having heard of Jasper Johns would you recognize them as masterpieces?

This is only true to the extent that YC is a monopoly.

If other accelerators compete with YC, entrepreneurs may choose to do business with an accelerator that selects smaller classes.

Yes, that is the problem I mentioned in the original comment that I'm not sure how to solve :)

This scheme has the advantage of it not mattering if something is active. Instead you pay fees based on what it's worth to you.

If someone is squatting on a high-value domain, they will have to pay high fees or sell the domain to someone who can make better use of it.

This prevents someone else from squatting on google-search.com and allows it to go to the highest value use -- protecting Google's brand.