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A friend of mine got rejected from the current YC batch, but raised $1M from prominent investors less than a month after the YC interview.
by zhyder 16y ago
A friend of mine got rejected from the current YC batch, but raised $1M from prominent investors less than a month after the YC interview.
- JoeAltmaier 16y agoSame founders? Same project? Its important - this implies YC missed a golden opportunity - did they? Further, was it typical of YC's space - web app, demo'able in weeks, two to 5 founders? If not, then its apples-oranges. Yes, you have to find your investor; YC may not be that investor.
- deleted 16y ago[deleted]
- dshah 16y agoI'd argue that raising money from YC (specifically) might be harder than raising money generally from angels/VCs. There are still only a finite number of YC applications selected into every cohort (and my guess is, as the brand grows, the number of teams competing grows). But, the number of potential angels and VCs for a deal is not as constrained. Summary: Getting into YC is not the same as raising money from angels/VCs. I wouldn't equate the two. Besides, it's not just about the money.