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I don't agree with the idea that YC "left money on table". YC made a ridiculous amount of money and is one of the most successful VC funds of all time. It's tru
by thesausageking 6y ago
I don't agree with the idea that YC "left money on table". YC made a ridiculous amount of money and is one of the most successful VC funds of all time. It's true that PG and Jessica did a lot of things to defer making money in the short-term. But I'd argue that over the long-term, it was the right optimizations both for having an impact on the world and for making money.
- teacpde 6y agoSam’s point is YC could have taken more money, and by not doing that it creates better chances for startups to succeed. And you are right, it is the optimal strategy in the long run and win-win for both YC and startups.
- threeseed 6y agoThey also could've taken far less money e.g. asking for less equity in startups.