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Equity

Why build a tech mafia when you can just build each other?

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 6 July 2022

⏱️ 28 minutes

🧾️ Download transcript

Summary

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, Natasha and Alex asked: Why is tech full of copycats, and what’s the next full circle moment we can expect? The question was inspired by Natasha's recent Startups Weekly column: "YC makes a Product Hunt, Product Hunt makes an a16z, a16z makes a YC." As you can tell by that headline and this week's episode title, we're talking about how tech is full of copycats and what that means for the bar of innovation. Expect to learn about the overlap in mission between three of tech's most well-known institutions, what Prologue means for Future (literally and figuratively), and how a rising tide can both confuse and complement the founder fundraising journey. Also it was a good excuse to chat through some of the competitive dynamics that we see play out across the startup landscape. We had a great time, and hope you like the show. We're back Friday with our regular news roundup! Equity drops every Monday at 7 a.m. PDT and Wednesday and Friday at 6 a.m. PDT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:16.2

Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and nuance behind the headlines. I'm Natasha Masquerinas and this is our Wednesday show,

0:20.9

where we niche down to a single topic, think about a question and

0:23.6

unpack the rest. Today we're asking, why is tech full of copycats and what's the next full

0:28.8

circle moment we can expect? As always, I am joined by the inimitable editor-in-chief of Tech Crunch Plus, and my friend,

0:35.2

Alex, how are you?

0:37.2

I'm doing great.

0:38.2

I just want to say like the headline for the story at the root of this show was so much better than the way we phrased it as a question.

0:45.6

I'm now thinking we should like go back in time just take your headline and slap a question mark at the end of it and say,

0:50.1

huh? I mean I'm kind of down and And we'll give you background on what Alex is alluding to, because it actually started within

0:56.2

slacks between both of us.

0:58.6

Last week, Y-C-C-1-C announced that it was launching, LaunchYC, which is kind of this platform where people can

1:04.4

sort through accelerator startups by industry batch and vote up and down and if

1:08.9

it sounds familiar it is because it sounded very much like product hunt and so you're

1:13.0

slack to me Alex when you something the link was why see launches

1:15.4

product touch question mark right well I mean that was my first thought I looked at this and I was

1:19.2

like wait a minute why see is already an accelerator, a global, you know, like remote accelerator

1:24.9

it's got a continuity fund. There's Y C school?

1:28.0

Start up school, yeah. Start up school. They've book life or book face,

1:31.6

their social network for founders.

1:33.1

I don't know, you know what I mean.

1:34.2

And so like they come in increasingly productified.

1:37.0

And so I was surprised to see them come up with something new again

...

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