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OK, I'll be the one asking this question: Are you planning on compensating the people who participate in this experiment in any way. Here's the point: YC wil
by rebootthesystem 11y ago
OK, I'll be the one asking this question:
Are you planning on compensating the people who participate in this experiment in any way.
Here's the point: YC will be receiving a massive amount of help in filtering and vetting dozens or hundreds of potential companies to fund. Once funded, they might fail but they can also be huge successes. YC stands to make millions, tens or hundreds of millions (or better if the starts align).
So, you got a bunch of smart people to use their time and intellect to act as filters for your investment. What do they get in return?
The fair approach would be to give them some ownership. Even a single share would have meaning.
- dang 11y agoSomeone beat you to it: https://news.ycombinator.com/item?id=11442018 https://news.ycombinator.com/item?id=11442018.