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I 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 rais
by wqtz 3y ago
I 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.