$150k for startup/living expenses for 3 months and 7% if they succeed. $150k in the grand scheme of things isn't much: YC knows you'll raise a lot more and muc

$150k for startup/living expenses for 3 months and 7% if they succeed. $150k in the grand scheme of things isn't much: YC knows you'll raise a lot more and much faster right after demo day if you need to.