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The pro's of YC are staggeringly overweight in comparison to the cons. You trade 7% of your mostly-worthless startup for $500k and the YC network? That's such a
by clpm4j 5y ago
The pro's of YC are staggeringly overweight in comparison to the cons. You trade 7% of your mostly-worthless startup for $500k and the YC network? That's such an easy decision.
You cannot literally connect with anyone through Linkedin or social media. It just doesn't work like that.
- batmansmk 5y agoMy company did YC in 2017. Raised $5M. Disconnected mentorship. Agreeable coaches with no industry insight. Since then, we folded, and started a new company. We didnt go for YC, but StartX and directly connect with funds such as First Round and others. We raised $12M, and not having YC in the cap table really helped our investors to dive in.
- yaseer 5y agoWould you mind sharing which companies these were?
- orliesaurus 5y agoWhat makes you say that you can connect to anyone on LinkedIn? You can purchase a premium LinkedIn account and craft a nice message and if you're actually a match for the expectation you can connect. Source: everyone I know receive messages from LinkedIn Premium users - they read at least the first sentence before discarding or accepting.
- mercutio2 5y agoHuh? All the good engineers I know send anything from LinkedIn straight to /dev/null, because of exactly the phenomenon you describe: anyone can pay Microsoft money to send them spam.
- orliesaurus 5y agonot everyone's an engineer in the world - there's tons of sales and biz people that you can connect to ;)
- peanuty1 5y ago7% seems like a great deal for some startups and a bad deal for others.