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7% Angel Investors get huge stakes for their small high-risk outlays. http://blog.ycombinator.com/the-new-deal/ http://blog.ycombinator.com/the-new-deal/ > W
by srtjstjsj 9y ago
7%
Angel Investors get huge stakes for their small high-risk outlays.
http://blog.ycombinator.com/the-new-deal/ http://blog.ycombinator.com/the-new-deal/
> We have a new standard deal at YC—we’ll invest $120k for 7%.
> This replaces our previous standard deal of on average $17k for 7%, plus a SAFE that converted at the terms of the next money raised for another $80k.
Originally, before they invented the SAFE, there was no SAFE in the deal