> not making any bets in crypto is not a sensible accelerator. You need to make bets everywhere and hopefully some stick.
Thats not how it works; VC's are allowed to pass on anything they want, and it turns out they dont cut a fat cheque to every idiot who knocks on the door.
And how many Porn companies has YC funded? Zero as far as I know, is that because porn related companies have zero chance of being profitable? Or is it that they take a moral stance against that industry?
Nor as far as I know are they in the asphalt industry, likely because they are focused on tech. I am sure some people out there find asphalt a moral issue (I personally dont) but I suspect they are not spraying some funding around in that industry because it isnt really of interest to them or their investors.
Lots of asphalt tech opportunity, just not so much electronic tech. And timelines are long.
I’m disappointed that we still do cold patches instead of heating the surrounding asphalt when filling potholes. That’s where I’d transfer soldering technology into asphalt.
Thats not how it works; VC's are allowed to pass on anything they want, and it turns out they dont cut a fat cheque to every idiot who knocks on the door.