2 ms·
I'm probably wrong but imo YC funding startups like Tetra fits more in the spirit of YC's original mission of seeding startups, compared to funding more 'mature
by chaostheory 10y ago
I'm probably wrong but imo YC funding startups like Tetra fits more in the spirit of YC's original mission of seeding startups, compared to funding more 'mature' startups that seem to be either raising or really close to raising series A.
- jkarneges 10y agoTotally. I was advising a friend about whether to apply to YC, and there was a concern about whether his app had enough downloads to get accepted. Stepping back, that seems like a really strange thing to be worrying about. It's refreshing to see Tetra in the batch. I wonder, does YC still fund founders with no ideas? Or take them up on the secondary idea, which may imply abandoning any progress on the primary idea?
- GFischer 10y agoI'm happy to see them too - the last batches had a lot of more mature companies and almost no "seed stage" startups. I think I read in a comment that they're no longer accepting teams without ideas and that the experimental batch ended up pretty badly.