It’s also true that when one of those groundbreaking companies matures and faces challenges, a founder has a unique ability to make bold moves and stick to the original vision when others urge a less risky course. There are certainly cases where companies struggled when founders were replaced by managers. Remember Yahoo? And of course … Read more
Many of yesterday’s talks were littered with the acronyms you’d expect from this assemblage of high-minded panelists: YC, FTC, AI, LLMs. But threaded throughout the conversations—foundational to them, you might say—was boosterism for open source AI. It was a stark left turn (or return, if you’re a Linux head) from the app-obsessed 2010s, when developers … Read more
When Michael Seibel lost his position at the startup incubator Y Combinator, he didn’t find out in typical tech industry fashion, which might entail an email calling him to a Zoom meeting where the bad news would be delivered. He did it to himself. Today Seibel is announcing that he’s stepping down as YC’s managing … Read more
