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YC was a no-brainer value-add for us, even without this deal. It's still a no-brainer for any founder, regardless of batch size or remote vs in-person. This ne

• 762236 5y ago
  Apparently it isn't no brainer, since I don't understand what is the benefit received for 7% of the company. Could you explain?
  • pyb 5y ago
    You get 500k investment, and you get to participate in the YC accelerator.
  • exolymph 5y ago
    The money is helpful if you're close to seed stage, but the network and brand cachet are invaluable. For example, recruiting is crucial for early-stage startups, and it is MUCH easier to recruit high-level talent (and get them to accept more equity in lieu of more cash) when you have a name-brand VC committed.
    • skeeter2020 5y ago
      >> brand cachet are invaluable. This was much more a value when there was only a handful of companies in each cohort. Now there's 3 groups: * YC~low number~ that I've heard of: Original signalling value * YC~low number~ that I've never heard of: zombie * YC~high number~ : new batch of spray and pray This is unfair but my initial reaction
      • tinco 5y ago
        So you invest in less YC companies than you did in earlier batches?
      • exolymph 5y ago
        Be that as it may, I speak from experience, the label and logo help a lot with recruiting.
• swyx 5y ago
  well, i mean, if you can raise externally at a $35m valuation (current top of market for early stage) and you go into YC for $2m, you* may be the one without a brain, not YC. *you in the general sense, not you specifically :)