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YC startups in general are more well suited for angel rounds than Series A. Angel rounds usually mean less dilution and a ton more flexibility. For us, we're ge
by rantfoil 18y ago
YC startups in general are more well suited for angel rounds than Series A. Angel rounds usually mean less dilution and a ton more flexibility. For us, we're getting a lot more valuable advice, connections and help from real engineers/entrepreneurs/founders who have built lasting companies before.
You talk to as many investors as you can, get a lead angel investor to negotiate terms, then build the round out with other angels who want to invest. Your lead angel(s) will help you find more people as well.
- prakash 18y agoI agree with you on the merits; and the connections & advice from many people who have been there, done that -- trumps the other options. Can you expand a bit more on the flexibility part either here or offline? Did you also consider VC's such as Founders Fund, First Round Capital, Maples, Union Square, etc? Thanks, and good luck!
- rantfoil 18y agoDefinitely, feel free to follow up offline, my contact is in my profile.
- mattmaroon 18y agoCan you say who the lead was?
- rantfoil 18y agoSatish Dharmaraj of Zimbra was our lead angel investor. Really great entrepreneur AND hacker.