3 ms·
No more debates about whether YC is a "good deal" because of the low implied valuation of their initial investment. This changes the character of the YC experi
by aneth 16y ago
No more debates about whether YC is a "good deal" because of the low implied valuation of their initial investment.
This changes the character of the YC experience. YC companies can now spend their time on product, not fundraising. On the other hand, less financial pressure may mean the founders don't learn to hustle and act less lean.