3 ms·
6% of What? 6% of an idea you have? Again, this is just my viewpoint... but I'd rather have a part of something instead of all of nothing. If you're generating
by dariusmonsef 16y ago
6% of What? 6% of an idea you have? Again, this is just my viewpoint... but I'd rather have a part of something instead of all of nothing.
If you're generating killer revenue, have other investors throwing you term sheets like roses at a matador... Then don't do it. Giving up 6% of your company might not make sense... unless there is a chance YC could help you significantly increase your revenue or valuations... and in that case the 6% is worth it.
Anyway, I don't mean to blow YC's trumpet. It won't make sense for everybody... it did for us and I'm really glad we did.