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With respect to #2: Even if you have a strong network already (barring a previous exit) you could probably get at least a 6.4% (1/(1-.06)) bump in your Seed or
by jamiequint 16y ago
With respect to #2: Even if you have a strong network already (barring a previous exit) you could probably get at least a 6.4% (1/(1-.06)) bump in your Seed or Series A valuation just with YC's brand in this funding climate.
- joshu 16y agoFor me personally, I doubt it. I think the article you are referencing has significant problems, but I won't go into them here.
- paul 16y agoHe did say, "barring a previous exit", which excludes you.
- jackowayed 16y agoAlso, I'd guess that Josh would get a much better deal from YC if he did apply.
- Eliezer 16y agoA 6.4% bump only buys you back the 6% of equity that you lost if you're selling the entire company during the Series A.
- jamiequint 16y agoGood point. I modeled it to check it out. Its not a perfect model, but should give a pretty accurate illustration of your point: http://bit.ly/hyior9 http://bit.ly/hyior9 [Google Spreadsheets]