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The terms are only worse in the beginning, the YC organizers do not have a $1B fund to lead on A, B, C rounds and beyond. Because of the ability to double down
by bretpiatt 16y ago
The terms are only worse in the beginning, the YC organizers do not have a $1B fund to lead on A, B, C rounds and beyond. Because of the ability to double down on the winners the terms may actually be better than what the YC team gets.