3 ms·
just looking at the numbers these guys give out $10,000 to 30,000 for 4%-8% of the company. It is not a great deal of money but certainly most of the non-YC co
by procyon 18y ago
just looking at the numbers these guys give out $10,000 to 30,000 for 4%-8% of the company. It is not a great deal of money but certainly most of the non-YC companies seem to be giving out more money.
Assuming that quality of YC and non-YC programs is the same, I wonder how much extra 10,000 going to make a difference.
- pg 18y agoThey take their percentage out of your next funding round, instead of buying the stock upfront and getting diluted when you do. I don't know if this was deliberate or just a transcription error, but it ends up netting them significantly more stock than the way YC does it: 50-100% more if your next round is a typical VC round.