Fundraising Advice for YC Companies
> It's important to articulate why the company will eventually be in a strategically valuable position (i.e. a monopoly).I find it interesting, and disconcerting, that articulating a defensible competitive advantage is no longer sufficient advice. Now it's, "can you be a monopoly? no? go home". I realize this is a good way to maximize value for investors, but is this a healthy way to grow new companies and build a better society?