4 ms·
Seems like a solid idea. I honestly thought something like this was already in place so it makes sense. Still though the first thing I thought of is what it mig
by BinaryIdiot 10y ago
Seems like a solid idea. I honestly thought something like this was already in place so it makes sense. Still though the first thing I thought of is what it might feel like to be part of the statistic few who get zero investors clicking the button (I mean statistically this should happen at least a couple of times due to the batch size, right? Or am I severely underestimating the amount of investors that attempts do demo day?)
- tdstein 10y agoYes if investors are not forced to meet with X number of startups
- Finbarr 10y agoThere are a lot more investors attending demo day than startups so this is not likely to be an issue for the companies.
- pc86 10y agoIf you can't get a single investor to give you 20 minutes after Demo Day you've got much bigger problems.
- ryanSrich 10y agoA few years ago sure, but 2016 has been pretty brutal for seed and series A. I imagine a small percentage of great companies will lose out as a result of a cold funding climate.
- argonaut 10y agoSeed is roughly the same as it's always been. Even if a lot of VC firms are retrenching, there are still tons of angel investors and seed funds out there casting wide nets. Series A, definitely.
- BinaryIdiot 10y ago20 minutes? I thought they got an order of magnitude less time. Regardless yeah it's probably a sign of an issue but with the current climate I don't think that necessarily has to be true.
- pc86 10y agoThe linked article states Investor Day appointments are 20 minutes.
- BinaryIdiot 10y agoYeah I read your comment wrong and that it was more like "if you can't get an investor to talk to you after your 20 minute demo...". I was probably lacking coffee that day.
- morgante 10y agoNot every YC company will successfully raise money, but I suspect all of them will at least have a few people interested enough to take a 20 minute meeting.