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I don't know where you came up with the "Many seed-stage investors don't require introductions" theory, but you're mistaken. First, the example you use--YC--is

I don't know where you came up with the "Many seed-stage investors don't require introductions" theory, but you're mistaken. First, the example you use--YC--is not even seed stage. It's an incubator, and is one of the extremely few opportunities where "just submit a compelling application" works. Also, this is not even about angel investing. All business deals involve human beings and people tend to trust people who came through an intro. It's the law of nature. It's naive to think that angel investors are just clamoring to fund any random startup just because they have no connection to VCs. From my experience it's very rare to find investors who don't have herd mentality--nothing wrong with that, they're just being human.

argonaut 10y ago
YC is seed stage - they invest 120k. That's what seed stages have traditionally been. We just see so many $1-4 million "seed stage" investments nowadays that we're all used to it.
- cocktailpeanuts 10y ago
  Not in the context of this thread. The main point of what OP said was YC doesn't require intro because you can get money by "just submitting a compelling application". I don't know of any serious seed investor who operate this way. This model works because YC is an incubator. That's their shtick and it works for them. But most angel investors can't do that. That's why they rely on humans
  - argonaut 10y ago
    "Not in the context of this thread" isn't a good excuse. They are the exception to the context of this thread. 120k is very much an angel-like investment.
    - deleted 10y ago
      [deleted]
11thEarlOfMar 10y ago
That's pretty funny.