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the bump in valuation you get is bigger than the 7% slice of the pie YC takes. People often seem to get too hung up on what percent they own. While you should
by cornellwright 11y ago
the bump in valuation you get is bigger than the 7% slice of the pie YC takes.
People often seem to get too hung up on what percent they own. While you should pay attention to this, it's more valuable to direct your effort toward how big you can make the pie.
- _pius 11y agothe bump in valuation you get is bigger than the 7% slice of the pie YC takes Not sure if that's true anymore. People often seem to get too hung up on what percent they own. While you should pay attention to this, it's more valuable to direct your effort toward how big you can make the pie. Agreed and I tell friends that all the time. It's orthogonal to the point I'm making.
- terravion 11y agoNot only is it still true, it is probably getting more true. I've had multiple YC and non-YC CEOs tell me this. And look at the announced valuations in the last batch for raising on safes.