3 ms·
What happens when you're profitable but not quite the 10x return or even 3x return?
by wg0 3y ago
What happens when you're profitable but not quite the 10x return or even 3x return?
- wqtz 3y agoI have the same question. Atleast a few companies here should be running on a profitable level, because of low overhead costs and smaller scope. But YC did raise the seed round for them and could have even brought in a few seed/angel investors. My assumption is that, these investors are either pressuring them to raise more funds or look for a way to be acquired. But VCs do operate on shorter timelines. I am pretty confused on what the arrangement is. I would absolutely love to hear what the conversation is between YC and these founders.