3 ms·
Not exactly the same... > YC invests $500,000 in every company on standard terms. Our $500K investment is made on 2 separate safes: > We invest $125,000 on a
by komali2 6mo ago
Not exactly the same...
> YC invests $500,000 in every company on standard terms. Our $500K investment is made on 2 separate safes:
> We invest $125,000 on a post-money safe in return for 7% of your company (the "$125k safe")
> We invest $375,000 on an uncapped safe with a Most Favored Nation ("MFN") provision (the "MFN safe")
- harmonic18374 6mo agoSo YC values the company at $1.8 million. I don't think that's so different.