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I assume the world of difference you're mentioning is the due diligence process that an angel investor or a VC takes the startup through, correct?
by ph0rque 18y ago
I assume the world of difference you're mentioning is the due diligence process that an angel investor or a VC takes the startup through, correct?
- tptacek 18y agoI generally rebel at the idea of describing what VCs do as a "process" --- it's mostly a system combining the most salient attributes of a good-'ol-boys club and the recording industry. But yeah, at a certain point, probably around $100k, you're in that system. Not the YC system.