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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
by 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 agoNot 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]