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"Since YC sets up founders and angels in the best atmosphere possible, the founders can be completely product-focused." YC companies are completely product foc
by webwright 18y ago
"Since YC sets up founders and angels in the best atmosphere possible, the founders can be completely product-focused."
YC companies are completely product focused for 2.5 months. That's it.
Then you dive into fundraising, which is close to a full time job for 1 of the founders... And as much as YC helps, that still takes a long time.
As an illustration, of the 20+ YC companies that demo'd late March (6 weeks ago), only 2 are funded that I'm aware of, and a few more have term sheets (which is really the start of the negotiation... "deals fall through").
YC accelerates the funding process a bit, but a lot less that you might think.