Technological innovation is a cycleespecially in the character-driven world of startup venture capital and the copycat nature of startups.
The last proof? Y Combinator this week announced Launch YC, a platform where people can sort accelerator startups by industry, batch, and launch date to discover new products. The famous accelerator, which has seeded Instacart, Coinbase, OpenSea and Dropbox, invites users to vote for newly launched startups “to help them climb the rankings, try product demos and learn more about the founding team” , he said in a blog post.
If this sounds familiar, it’s because – in my opinion – Y Combinator is taking a not-so-subtle swipe at Product Hunt, a nearly decade-old platform that’s synonymous with new startup launches and announcements. of features.
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Y Combinator doesn’t necessarily agree with this characterization: Accelerator communications manager Lindsay Amos told me via email that “we encourage YC founders to launch on many platforms – from YC Directory to Product Hunt to Hacker News to launch YC – to reach clients, investors and candidates.
The overlap is not isolated. While Y Combinator does a product hunt, Product Hunt does an Andreessen Horowitz. Meanwhile, a16z is making its own Y Combinator. Not to mention that Product Hunt has an investment capital of a16z and previously went through the Y Combinator accelerator.