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We got rejected (2nd time applying) and ended up raising a substantial seed/pre-seed round at excellent terms a month later. Is there a compelling reason to st
by Areibman 2y ago
We got rejected (2nd time applying) and ended up raising a substantial seed/pre-seed round at excellent terms a month later.
Is there a compelling reason to still apply?
- selfie 2y agoThat means nothing though. If you (N=1) apply to Google and get rejected but take a Facebook job, it doesn't mean people shouldn't apply to Google.
- Areibman 2y agoIt was a question more for us than general public. I think YC is probably the best first check you can get since they invest in companies with nothing more than an idea.
- dang 2y agoThe compelling reason to apply would be that going through YC can increase your value by more than 1.07 or whatever number represents break-even on the standard deal. Whether that's true of your startup or not I can't say, but I do know that lots of founders go through YC after raising seed rounds because they're answering that question with a yes.