Episode 744 | Bluesky, TinySeed is Raising, YC Backs Competitors, and More Hot Take Tuesday Topics
Startups For the Rest of Us
Deep Dive
Why is Tracy Osborn moving from Twitter to Bluesky?
Tracy Osborn is moving from Twitter to Bluesky because she feels the vibe on Twitter has changed significantly, especially in the last few months, and it no longer suits her personal or professional needs. She finds Bluesky reminiscent of Twitter in its early days (2007-2008), with a fun and creative community, and sees it as a better fit for her.
What is the bet between Tracy Osborn and Einar Vollset regarding Bluesky?
Tracy Osborn and Einar Vollset have made a $1,000 bet on whether Bluesky will have significantly more traction in three years. Tracy believes it will thrive, while Einar is skeptical, comparing it to past social media platforms like Mastodon and Threads that failed to gain lasting traction.
What is TinySeed's third fund focused on?
TinySeed's third fund continues its strategy of investing in early-stage B2B SaaS companies, particularly those aiming for success through private equity or strategic sales rather than aiming for $20 billion valuations. The fund builds on TinySeed's track record, which includes a 2-2.5x markup on its first fund and investments in nearly 200 companies since 2019.
Why does Y Combinator back startups that duplicate other YC companies?
Y Combinator backs startups that duplicate other YC companies because they focus on the founders rather than the specific ideas. Founders often pivot, and YC believes in supporting driven individuals who can execute quickly and adapt, even if it means backing competitors within the same batch or cohort.
How does Einar Vollset suggest founders overcome imposter syndrome?
Einar Vollset suggests founders overcome imposter syndrome by embracing uncertainty and taking action rather than falling into analysis paralysis. He emphasizes that operating under uncertainty is a startup's superpower, and founders should focus on moving fast and learning from mistakes rather than seeking perfect clarity.
What is Australia proposing regarding social media for children under 16?
Australia is proposing a 'world-leading' ban on social media for children under 16, aiming to protect them from the addictive and potentially harmful effects of these platforms. The policy would require identification for internet access, raising concerns about privacy and government overreach.
- Bluesky is seen as a potential alternative to Twitter, offering a different social media experience.
- A $1000 bet is made on Bluesky's future growth and traction.
- Concerns are raised about the sustainability and growth of Bluesky compared to established platforms like Twitter and the engagement bait tactics used by Threads.
Shownotes Transcript