3 ms·
Yeah: VC incentives do not match with founders incentives - share classes are just one obvious signal of that. Good article on that conflict: https://siliconhil
by robocat 3y ago
Yeah: VC incentives do not match with founders incentives - share classes are just one obvious signal of that. Good article on that conflict: https://siliconhillslawyer.com/2019/02/18/relationships-and-power-startup-ecosystems/ https://siliconhillslawyer.com/2019/02/18/relationships-and-...
> ~9% where valuable enough for investors to take profit
Or aquihired.
Best analysis I have seen of YC: https://jaredheyman.medium.com/on-the-life-and-death-of-y-combinator-startups-d58aa03421f0 https://jaredheyman.medium.com/on-the-life-and-death-of-y-co...
Disappointingly YC hasn't provided any good analysis for founders or employees.
YC doesn't try to align founders and investors incentives - Paul mostly reads like a Venture Capitalist to me (sell founders of their good intentions but don't actually structure incentives to align).
I actually think that YC is a great deal but startups are naturally a frog and scorpion system. It is hard to find better options.
Finding good information is difficult and YC don't help.