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Just guessing, but 'going global' may factor into this. Not as in more than one meeting center, rather, globalizing the marketing for startups. There is an inte
by 11thEarlOfMar 9y ago
Just guessing, but 'going global' may factor into this. Not as in more than one meeting center, rather, globalizing the marketing for startups. There is an interesting 'snowball effect' of successful exits growing the number of investors, and YC, even with the huge number of applicants it enjoys today, may be seeing quality diminish and therefore need to establish more permanent presence in other founder hot beds around the world. Perhaps that such a move is independent of this raise, but in order to invest the money, they'll need to keep the building the flow of recruits.