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Timing could not be more perfect for this. There's a new generation of investors out there. Some flush with cash from crypto trades. Others simply benefiting fr
by indescions_2018 9y ago
Timing could not be more perfect for this. There's a new generation of investors out there. Some flush with cash from crypto trades. Others simply benefiting from the record bull run in tech stocks. That are now seeking to re-invest. Get in on the ground floor. And discover the next great opportunity.
There is a decided lack of investor education. As well as rigor. And opening up YC's methodology will have as large an impact as the introduction of convertible notes. Further, introducing new investors to how their money can be used for maximum impact and progress. Which naturally leads to outsized IRR. Will steer them away from the pitfalls of say, going all in on their best friend from junior high school's BBQ-flavored tequila distillery.
And regarding the sourcing of dealflow. There are definitely myriad untapped ways for the greater YC community to introduce talented startup founders and seed stage investors. AngelList is fantastic. The ability to post MVPs to ShowHN is tremendous. But something like a curated Youtube channel or Twitch livestream where people can pitch or watch demos 24/7 around the world at their convenience would be amazing.