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Comment Re: My experience? (Score 2) 167

> "Tilt was based on the premise that 'something like PayPal and Facebook would collide,'

And this has happened years ago. It is called Weixin, and the west has completely missed it

>Ycombinator

Don't invest in Ycombinator startups. Ycombinator is a pyramid scheme - saying this with all seriousness.

They claim gynormous valuations for unsubstantial businesses due to big initial financing rounds.

All funds that push Ycombinator early rounds use hot money from sale of shares of earlier Ycombinator companies that they get at discount - this is an industrialised pump and dump scheme on a grand scale

Comment Re: Party like it's 1999 (Score 2) 167

> "Tilt was based on the premise that 'something like PayPal and Facebook would collide,'

And this has happened years ago. It is called Weixin, and the west has completely missed it

>Ycombinator

Don't invest in Ycombinator startups. Ycombinator is a pyramid scheme - saying this with all seriousness.

They claim gynormous valuations for unsubstantial businesses due to big initial financing rounds.

All funds that push Ycombinator early rounds use hot money from sale of shares of earlier Ycombinator companies that they get at discount - this is an industrialised pump and dump scheme on a grand scale.

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