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TechStars Model Seed Funding Documents
- sachinag 18y agoAh, fuck. Now I have to do a compare and contrast to the YC model docs. [EDIT] Here it is: http://www.sachinagarwal.com/quick-compare-and-contrast-of http://www.sachinagarwal.com/quick-compare-and-contrast-of [EDIT 2]: Here's the HN thread on my submission of my analysis of the YC documents back when: http://news.ycombinator.com/item?id=283469 http://news.ycombinator.com/item?id=283469
- wastedbrains 18y agoWhat differences did you find?
- sachinag 18y agoDifferent feel, same instrument is all. Again, these aren't the documents that YC and TS use for their admitted companies; these are the docs for the round after that. These are actually more useful than the internal YC/TS documents, since you can use these documents for your discussions with angel investors outside of a YC/TS program. Again, I prefer the Techstars documents because they're more similar to standard Series A/B/C VC documents that I saw in my prior life as a lowly VC Analyst (still bitter I didn't negotiate the Associate title). But thanks to both Y Combinator and Techstars for releasing this stuff. They're both much, much better than the model NVCA documents for a potential angel round. You can't go wrong with either.
- deleted 18y ago[deleted]
- mattmaroon 18y agoWhat is left for TechStars to copy from Y Combinator? The only thing I can think of is Paul and Jessica's baby, and the logistics behind that are scary.
- jacabado 18y agoWell I can't see who is theirs' Matt Maroon, but I don't know if the world can stand two of those! :D That would be too much genius in the world, of course!
- ivankirigin 18y agoMore early stage venture firms is a good things. Copying good things, like open legal docs, is a good thing. The only thing I've heard I didn't like was setting deadlines to exclude YC, and I haven't heard definitive specifics on that.
- mattmaroon 18y agoWell, ask around and you'll hear some other things.
- alabut 18y agoI've met a couple of techstars companies in the last year and haven't heard any negatives yet - are you being intentionally vague to cover up for a friend or can you get more specific with your complaints?
- deleted 18y ago[deleted]
- andrewhyde 18y agoI would love to hear more, if there are actual complaints. We have been very open. Matt, anything we can address? We have been hearing a very constant and vague 2 year record of your thoughts (appreciated).
- rms 18y agoThe biggest complaint is that they interview and accept companies before YC and like YC, require an immediate decision. So if you get accepted into Techstars you have to tell them yes or no before your YC interivew.
- deleted 18y ago[deleted]