Sorry but that kind of logic is a cop out. I can point to tons of other startups attacking small markets that could also become big. The founders are super talented too. I've met many of them personally. If the market you were attacking was expanding at a fast pace then your argument would make sense.
I would love to see a yc partner shed some light here.
This goes completely against yc's overall message and is confusing for an entrepreneur like me who aspires to get into yc. YC has always said they only invest in startups that have a shot at becoming billion dollar companies, however small that probability might be.
So a company that has a 100% probability of a $10mil/yr business would stand no chance against a company that has a 1% probability of generating $1billion/yr.
Product Hunt is great and Ryan is great but I just don't see it.
I would love to see a yc partner shed some light here.