- https://www.ycdb.co/batch/w20
- https://www.ycdb.co/batch/s19
- https://www.ycdb.co/batch/w19
- https://www.ycdb.co/batch/s18
Any explanations why it could be the reason :thinking .
- Is it due to lack of startups interested in there
- Is it due to a preference on the part of YC?
Founders pursuing ideas as broad as "AI" or "blockchain" are not front-running existing products and markets. Founders who are narrowly focused on application of these technologies to a single domain are likely to have their companies described by the domain rather than the technology. Going further, potential founders still capable of front-running existing products and markets on the broad basis of blockchain and AI are likely to have other business opportunities...I mean if you're at the forefront of AI, someone will hire you or invest in your business.
In short, the standards are higher. Ten years ago, there was no OpenAI and there was room in the BlockChain to "sell shovels to the gold prospectors."
You don't build AI startup with ramens and office space. You need compute capacity and that requires money.