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Does YC actually take 7% regardless of company stage? There's no way YC owns 7% of Quora, for example, and I thought they would follow a similar model to attra
by kloncks 11y ago
Does YC actually take 7% regardless of company stage?
There's no way YC owns 7% of Quora, for example, and I thought they would follow a similar model to attract larger companies?
- ceejayoz 11y agohttp://techcrunch.com/2014/05/11/quora-y-combinator/ http://techcrunch.com/2014/05/11/quora-y-combinator/ > Quora CEO Adam D’Angelo tells me “YC invested an amount that was similar to their standard $120k. They invested as part of the Tiger round.” That $80 million round valued Quora at $900 million, so the startup only traded away approximately 0.013%.