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PG, I have one suggestion - for many people, YC funding amount is not as important as the advice and networking they will get there. Can you think of a mechani
by adityakothadiya 19y ago
PG,
I have one suggestion - for many people, YC funding amount is not as important as the advice and networking they will get there.
Can you think of a mechanism where the next 10 promising or so YC applicants who didn't get funding in this cycle atleast get other benefits in return of some equity for YC?
For e.g., YC members can advice those 10 startups for weekly or bi-weekly basis. Also, these startups may get chance to attend those weekly dinner meetings or so. Of-course, this would take YC's extra energy, but they will be rewarded with some reasonable amount of equity as well.
What says? Does this make sense?
- pg 19y agoThe problem is, the "other benefits" are what's in short supply, not money.