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In the perspective that this article takes, what is the difference between YC (that I almost do not really know) and a family uncle who gives some money to a yo
by JPLeRouzic 10y ago
In the perspective that this article takes, what is the difference between YC (that I almost do not really know) and a family uncle who gives some money to a young founder?
None IMO, both expect some return in money or something else and hard work.
- rabidrat 10y agoIf your uncle is well-regarded within the tech community as having a good eye for startups that would become successful, and can introduce you to VCs and executive leadership candidates, you should definitely go with your uncle.
- ferentchak 10y agoBarring the off chance that this uncle is Uncle Scrooge. He will be eyeing your startup as only a few more gold coins to swim through.
- brianwawok 10y agoMy family would not demand a series A in a year. I could just pay the 10k back. Seems a better deal. (At the cost of failure makes Thanksgiving awkward)