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But demo day really isn't their market is it? Demo day is YC companies with tons of amazing access to capital with pretty great terms (Milner, A16Z and Ron Conw
by asanwal 14y ago
But demo day really isn't their market is it? Demo day is YC companies with tons of amazing access to capital with pretty great terms (Milner, A16Z and Ron Conway cash) and a group of other attending investors who aren't interested in writing $1000 checks.
If they could convince YC companies to forego the available money and use their platform instead, that would be a coup for sure. But that seems unlikely.
- talsraviv 14y agoGood point. But it is the world's best opportunity to get leading investors on the platform to make an investment or two to give it a level of credibility others have not reached. That itself is a mini network effect problem but having them all in one room makes it much easier. Having the world's leading angel investors on the platform would be one of the keys to establishing a successful two-sided network.