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someone writing $120K checks

And that is only possible b/c it's a marketing expense which will generate its return by attracting lucrative start-ups to YC.

Which is in turn neutralized by the loss of productivity at said startups due to their reading HN compulsively.

So it's done for the community after all!

You say that like it's a bad thing.

You say that like making money is a bad thing.

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