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Y Combinator often backs startups that duplicate other YC companies, data shows
An analysis of all nearly 5,000 companies YC has backed to date reveals a surprising truth: YC startups don’t have to be unique. Far from it.
The Silicon Valley dream is to build a tech startup that is such a unique idea it alters the commercial universe and turns its founders into billionaires. Some of them are direct competitors; others differ slightly by targeting a new geography (Asia or Latin America), or are a subset of a larger market (point-of-sale software for bars vs. coffee shops). Our investment strategy focuses on backing the most promising founders with vision, resilience, and ability to execute, which is clear in our RFS process,” a spokesperson told TechCrunch.
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