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This turn YC into a market index. The payment pg and company receive for this service is the increased negotiation power in the deals they fund. Theoretically
by ebaysucks 16y ago
This turn YC into a market index.
The payment pg and company receive for this service is the increased negotiation power in the deals they fund.
Theoretically this makes entire YC batches without a single dollar invested by YC itself possible.
- nostrademons 16y agoIt was always possible - the value proposition for YC has always been the advice, connections, and reputation from being associated with them. The monetary investment is just so that founders who wouldn't otherwise be able to do it (eg. those newly out of college) can take part.