Maybe 18 months in time and a million or two in money. I don't know for sure because we don't keep records of either. In practice, people tend to feel they're

Maybe 18 months in time and a million or two in money. I don't know for sure because we don't keep records of either. In practice, people tend to feel they're too late before they are. E.g. while a post series A company would probably feel they were too late, the number of post series A cos that would be net ahead from doing YC is probably nonzero.