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YC has explicitly stated they won't lead Seed or Series A rounds in order to avoid this conflict. They are intentionally leaving economics on the table in orde
by _sentient 9y ago
YC has explicitly stated they won't lead Seed or Series A rounds in order to avoid this conflict.
They are intentionally leaving economics on the table in order to better support their founders. At the stage Continuity invests ($15-$50M rounds), YC's early signal is far less important than the actual fundamentals of the business.
- ivankirigin 9y agoIt's even better than that too, given their commitment to invest pro-rata. So the money is there if you can get another firm to lead. Because this policy is public, there shouldn't be signalling issues.