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Why go through yc? Or raise a small angel round?
by fleaflicker 16y ago
Why go through yc? Or raise a small angel round?
- dabent 16y agoMy guess is that it worked the first time, so why not try it again? That and they may feel some loyalty to PG. Well, then there's the "instant post in TechCrunch" one gets when combining YC with a successful prior exit. They are bound to get lots of press and a running start going the YC route, especially when combined with past experience.
- pg 16y agoI'd like to believe that it's because YC is actually beneficial. After all, a new startup by a founder of Reddit was going to get lots of attention regardless.
- dabent 16y agoOh, I believe there's certainly something to be gained by going with YC, beyond what any prior success would offer. Sorry if my comment may have not gotten that across. There probably is some loyalty there, but that's largely due to your prior success in getting Reddit launched. If you hadn't been helpful, someone would likely pursue other options.
- kscaldef 16y agoWhat do you think the benefits of YC are to a company started by previously successful founders? (Honest question... seems like you have mostly touted the connections you can broker, which I wouldn't think they need help with now.)
- pg 16y agoBasically the same as for a first-time founder, which we explain here: http://ycombinator.com/about.html http://ycombinator.com/about.html We've never claimed connections are the most important part. That's probably the most common misconception about YC, and one we try actively to dispel, among other places on the page linked to above.
- dannyr 16y agoMaybe to be subject to deadlines? If you are in the YC program, you have different milestones to achieve by certain dates. For me, it's like training to be able to run long-distance. Best way to motivate yourself is by actually entering in a marathon race.