3 ms·
> 7% had more than $50k of monthly revenue when accepted Interesting. What’s the motivation for applying to YC when you’re already on track to make 600k annual
by spaceman_2020 4y ago
> 7% had more than $50k of monthly revenue when accepted
Interesting. What’s the motivation for applying to YC when you’re already on track to make 600k annually? I know bootstrapped startups with 20k in revenue and they often have VCs knocking on their doors
- yashap 4y agoYC is a big-time brand, being a YC company is a powerful stamp of approval for acquiring customers, hiring and raising further investment. Go YC first, then get more interest/better terms from VCs, hire more easily, sell more easily.
- mdorazio 4y agoExposure + validation. It's a desirable credential + guaranteed press and intros to VCs if you want funding. YC is basically like going to an Ivy League school for startups at this point.
- trollied 4y agoThe ecosystem. Being able to interact with other founders, the exposure you get, advice & help etc. It's not about the money.
- paxys 4y agoYC is a startup accelerator. If you are on track to make 600K but want 6M instead then there's a lot of value in the program.
- TigeriusKirk 4y agoIt would be interesting to track this 7% and see how many of them benefit from YC in tangible ways.
- threeseed 4y agoApparently the increase in valuation from investors post-YC means that the program pays for itself in terms of dilution.