3 ms·
$150K to each YC startup barely moves the needle when compared to the overall amount of seed funding that goes on. It's nice for the YC class, but I doubt it'l
by gyardley 16y ago
$150K to each YC startup barely moves the needle when compared to the overall amount of seed funding that goes on. It's nice for the YC class, but I doubt it'll have that much impact on the ecosystem as a whole. Maybe ultra-competitive seed deals will be less likely to have valuation caps.
As for whether valuations are creeping up and things are getting bubbly as a whole - perhaps, but so what? Bubbles are great for entrepreneurs, and despite their chaotic collapse and impact on investors, are arguably good for society as well. A lot of innovation takes place and progress gets made when money is cheap. After the bubble collapses, this innovation doesn't just vanish - instead, it sets the stage for further economic growth.