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How much equity is given out? IIRC, YC use to take 6% for $100k. The link above says average now is $1m is raised from demo days. Is that $1m for 6% or some h
by alberth 9y ago
How much equity is given out?
IIRC, YC use to take 6% for $100k. The link above says average now is $1m is raised from demo days.
Is that $1m for 6% or some higher equity percentage?
- tptacek 9y agoI believe the $1MM they're referring to is from outside investors (and is commonly on convertible notes, so the valuation floats).
- snowmaker 9y agoThis is correct.
- Mononokay 9y agoIt's been 120k @ 7% for years now, I can't imagine that they've changed it.
- deleted 9y ago[deleted]
- ScottBurson 9y agoYou're confusing two different transactions. The standard initial deal offerred to YC acceptees is $120k for 7%. Money raised at demo day, at the end of the 3-month program, is from other investors — whomever you can manage to interest — and on distinct terms negotiated with those investors at the time.