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> Every dollar the company earns afterwards also increases their bank account by $1.00. Wouldn’t this be true also if YC owned 100% of the company? On the othe
by close04 1y ago
> Every dollar the company earns afterwards also increases their bank account by $1.00.
Wouldn’t this be true also if YC owned 100% of the company? On the other hand from that point on, from every dollar the company is worth YC gets 7%.
You need to know what is (or will be) bigger and more critical for your success, the investment worth 7% of your company, or the 30% Apple takes from your app. Either of these numbers can be millions or $0.
I’m very much for alternative storefronts and letting people choose. Android already proved this works just fine and most people still go for the official store. But I don’t think the argument above paints a clear, unbiased picture.
- CGamesPlay 1y agoYes, that was my conclusion as well. > The percent doesn't really matter (if YC took 30% ownership or app stores took 7% commission), the comparison doesn't really make sense either way.