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Thanks. 1 more question. How do you decide how much equity you would expect for YC's investment? I was on wompt and conovore the other day when all of this was
by throaway_s11 16y ago
Thanks. 1 more question. How do you decide how much equity you would expect for YC's investment? I was on wompt and conovore the other day when all of this was going down and people were sharing their startups and many seemed very far along.
They way I see it YC adds the following value:
1. Operational Help (incorporation, UX, UI etc)
2. Strategic Advise (PG/JL/HT and others)
3. Cohort Batch (fun,fun,fun, we we we so excited)
4. Alumni Network
5. Demo Day and Access to Investors
Anything else? Thanks.
- triviatise 16y agoPress and instant credibility into tech community (early adopters) Ability to attract talent Not just access to investors, but active selling to investors Access to silicon valley startup community
- pg 16y agoWe usually ask for 7%. If a startup is unusually far along, sometimes less. We might ask for more if the group seems super risky (e.g. undergrads, and we suggest the idea).