2 ms·
I don't know why you think PG/YC "piss on that model." The YC website says: > We try to interfere as little as possible in the startups we fund. We don’t take
by mbrock 11y ago
I don't know why you think PG/YC "piss on that model."
The YC website says:
> We try to interfere as little as possible in the startups we fund. We don’t take board seats or many of the other powers investors sometimes require. We offer lots of advice, but we can’t force anyone to take it. We realize that independence is one of the reasons people want to start startups in the first place. And frankly, it’s also one of the reasons startups succeed. Investors who try to control the companies they fund often end up destroying them.
> One concrete consequence is that Y Combinator funding lets you sell early, if you want to. It can sometimes make sense to sell yourself when you’re small for a few million, rather than take more funding and roll the dice again.