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Having been rejected 2 times by YC, could not agree more. biz #1 is now series B at $120M valuation biz #2 is now series A with $50M valuation biz #3 is now
by bald 7y ago
Having been rejected 2 times by YC, could not agree more.
biz #1 is now series B at $120M valuation
biz #2 is now series A with $50M valuation
biz #3 is now seed with $15M valuation
I did not bother to apply with biz #3 to YC, probability-weighted, it was not worth the effort to me.
- giovannibonetti 7y agoI'm curious to know what biz #1, #2 and #3 are...
- xiphias2 7y agoYour post contradicts itself. You either care about investor validation or not. You just described your businesses by what investors value your companies, which means that you care about investors. I think it's great though, both investor validation and user validation matter a lot in business (it doesn't matter if it's YC or VC).
- texasbigdata 7y agoOr...he described part of the formula that determines how much he can cash out for...which backwards looking is a function of company success.
- kossae 7y agoI think they're referencing YC specifically. While money is money, there is a prestige put upon the acceptance into YC (obviously more so in this community). This, I believe, is what's being discussed. Not the validation of business ideas via VC investment.
- objektif 7y agoI think you are contradicting yourself. YC is not just an investor. And may be he just cares about money.
- pdubs1 7y agoMaybe, or maybe you lack logic + specific situational insight. Perhaps you spoke too soon, before understanding. Your case is true only if "YC" === "All Investors"