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As a response to angel investing being a "bank strategy", it seems obvious to me that most of the benefit of participating goes to the founders. YCombinator ge
by onwardly 16y ago
As a response to angel investing being a "bank strategy", it seems obvious to me that most of the benefit of participating goes to the founders.
YCombinator gets 6%? That is peanuts compared the benefits you already know about, hardly exploitative.
I'm applying because the "bank strategy" seems to be on the other side of the table.