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Sam’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 str
by teacpde 6y ago
Sam’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.