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That seems a bit backwards to me, though it explains the higher investment at lower stake. One of the attractive parts of YC is the mentorship in exactly this
by mmt 16y ago
That seems a bit backwards to me, though it explains the higher investment at lower stake.
One of the attractive parts of YC is the mentorship in exactly this category[1] that comes with the program. Between that and the pay-us-for-space incubator model, it's something of an apples-to-oranges comparison to YC, anyway.
[1] Or at least how to approach getting funding, if not networking in general.
- thegoleffect 16y agoYeah, not really a good comparison. There are a good number of YC companies in the 500Startups portfolio/mafia. What I liked about the current process is that networking and pitching became a way to practice and learn more about that process - which will be extremely useful in later rounds.