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The course seems rather no-strings-attached. For example, it mentions that the most promising companies will get $10K of "equity-free funding" as well as other
by kaycebasques 8y ago
The course seems rather no-strings-attached. For example, it mentions that the most promising companies will get $10K of "equity-free funding" as well as other goodies.
Appeals to altruism aside, what's Y Combinator's incentive here? Is the hope that companies will feel loyalty to YC, and join the core program?
- ai_ia 8y agoGoogle has also a startup launchpad with provides equity free funding. I am not sure why though, but its great for founders like me who are interested.
- wuliwong 8y agoI think that going through this program and receiving $10K of equity free funding would substantially increase the chances of a company sticking with YC.
- Liron 8y agoYC already invests $1M worth of human capital to put on Startup School. Whatever their original motivation is to do it, it's worth another $1M to do it better.