3 ms·
Who cares what someone else received vs what value they give? What I care about is what I receive vs what value I sell makes sense at my stage. This is abou
by ipaddr 4y ago
Who cares what someone else received vs what value they give? What I care about is what I receive vs what value I sell makes sense at my stage. This is about making your startup succeed not beating other companies in the program on terms.
If an investment of 7% for 750,000 makes sense go for it. Who cares if someone else gets 8% or 6%.. it's not your money.
- bko 4y agoIf you think having a product/revenue is valuable and you have a product/revenue and someone offers you some terms and they don't care about your product or revenue, then you're probably not getting the best deal you could get. It could be the best deal, sure, but that's the floor, because that's the deal you could get without a product or revenue. So that's a big indicator that you're getting a worse deal than you could from someone who cares about product/revenue. It's not even consistent with YC philosophy about the idea doesn't matter, MVC, get to revenue fast, etc
- whiddershins 4y agoIt’s the best deal you could get from YC, which might be the best deal you can get. It remains irrelevant what deal others are getting.