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Can somebody please explain what it means to be a YC partner?
by guynamedloren 14y ago
Can somebody please explain what it means to be a YC partner?
- tptacek 14y agoTraditionally, the difference between a "partner" and an "employee" is that partners share a formally-defined portion of the earnings of the business. A partnership is a business in which all the profits of the business which aren't simply invested back into the business flow to the partners. I have no idea if that's exactly what it means at YC; partnership at YC might have as much to do with how portfolio-company-facing or visible a team member is.
- larrys 14y ago"share a formally-defined portion of the earnings" Which typically vary according to the particular partner by various items including seniority, equity invested, as only two factors.