The quality bar of pretty much all seed stage investors has always been extremely low. That is simply the nature of the business. At that stage the signal-to-noise ratio is very low. There just isn't enough data to make reliable determinations, hence the emphasis on quantity of deals over quality.
There is nothing to learn from the SVB collapse. They mismanaged interest rate risk and overextended. So what.
> The quality bar of pretty much all seed stage investors has always been extremely low. That is simply the nature of the business.
Of course it is. That is why I said the quality bar it is at an "all time low".
> There is nothing to learn from the SVB collapse. They mismanaged interest rate risk and overextended. So what.
Ah yes, why not tell those same so-called "AI startups" to repeat that same mistakes again in 2023 and also continue to burn lots of that money and we'll see yet again widespread massive panic, downrounds on this site like we did before.
The startups that got complacent over believing that VCs will just throw money into their startup forever (until they don't) are the ones that will be added into that inactive directory unfortunately.
So as soon as this AI bubble collapses with a new surprise catalyst, I won't be surprised to see YC directly caught in the contagion because they threw themselves into hundreds of low-quality startups, unable to make money and they are cloned and raced to zero.
There is nothing to learn from the SVB collapse. They mismanaged interest rate risk and overextended. So what.