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The most important part of this for me is a 50% increase in the number of startups funded. I approve of anything which increases our chances. Of course, in the
by jacoblyles 18y ago
The most important part of this for me is a 50% increase in the number of startups funded. I approve of anything which increases our chances.
Of course, in the long term, this will mean that Y Combinator will be more sustainable if it is drawing interest from outside investors.
I wouldn't be surprised if Sequoia is doing this just for the publicity, or just to find out more about Y Combinator. $2 million might well be worth the price for information about how Y Combinator is doing, since it is a very popular but secretive fund.