Too much competition in the market? Oh <i>no!</i><p>... Or rather, that's the sarcastic response I <i>would</i> give if the people quoted in the article seemed to actually be agreeing with the headline. Instead, what are they saying? Max Levchin is worried that a lot of startup incubators have too much of a conservative, short-term focus, so he's <i>starting another one</i> to compete with them. Scott Brown said that doing YC for his first startup was worth it, but didn't think it would add much for his second -- hardly a scathing denunciation of such programs. Bill Lee, down at the bottom of the article, says that he's started avoiding very early financing rounds, which doesn't sound particularly alarming.<p>I'm going to chalk this one up to a journalist taking some creative liberties.
This seems to be the same WSJ article that was submitted several days ago under a similar title: <a href="https://news.ycombinator.com/item?id=3298171" rel="nofollow">https://news.ycombinator.com/item?id=3298171</a>