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More companies means less attention for the 7% you are giving away. Why has the $125k not been raised to $200k? In this market it is easier to raise money. $12
by throw_away_2x8 6y ago
More companies means less attention for the 7% you are giving away.
Why has the $125k not been raised to $200k?
In this market it is easier to raise money. $125k might have been ok 5 years ago but is that true now?
If you are an established company it would be logical to see what the market will give you first.
- utdiscant 6y agoAs a YC alumni, the money has been the least important part of the deal. Would do it again without the money.
- lacker 6y agoMore companies means less attention for the 7% you are giving away. There are also more YC advisors. When I first went through YC in 2010, it was Paul Graham giving advice to everyone. Nowadays it's more like each company has a few partners that are focused on their industry, along with some generic advice from the weekly events. I actually think each startup gets more attention now, since there are more people giving out attention. Maybe in Plato's Academy every student could be taught by Plato himself. But a modern college gives you a much better education by hiring many educators with different areas of specialty. Things have to change as they scale, but if YC scales right, things can actually get better.