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This is great for YC, not great for YC backed startups. By giving each company $25K less, they can now place bets on 3,000 more companies. Less money for you,
by rsweeney21 6y ago
This is great for YC, not great for YC backed startups.
By giving each company $25K less, they can now place bets on 3,000 more companies. Less money for you, less risk for them.
I wonder if their success rate has declined as their batch sizes have gotten larger.
YC has become less and less attractive to me over the years. Is it just me?
- lacker 6y ago25k doesn’t seem all that relevant. Yeah it’s slightly better to have another 25k in the bank, but it just seems like normal fluctuation with the economic times, to me.
- vikramkr 6y agowell, they'll be taking on more risk if that money ends up not being enough to support early stage startups. And, it makes the deal even more difficult to swallow for hardtechs/biotechs/moonshots, and potentially making it worse for those companies could decrease diversification opportunities? still a better move for YC than the companies getting funded
- ryanSrich 6y agoYou do YC for the network and guaranteed funding post demo day. Getting $125k is inconsequential and has almost no barring on YC’s value to a new startup.
- lultimouomo 6y agoBut they are saying that they now want to bring 3000 more companies to demo day, which dilutes its value.