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It's not in your interest to have them join the same round. The valuation YC invests at would be a bad one if we were only supplying money. So what we'd recom
by pg 18y ago
It's not in your interest to have them join the same round. The valuation YC invests at would be a bad one if we were only supplying money. So what we'd recommend is doing another round after YC's at a higher valuation. If you were in YC we'd obviously help you arrange that. Your call whether you want to take the money during YC or have your potential investors come to Demo Day with everyone else (assuming they don't already).
- netsp 18y agoHow would other investors react to this? It seems an obvious case of letting one investor in at valuation A & another at valuation A+B with anchoring in the relative value of the company at these two points. Is the socially correct in the investment world?