2 ms·
Terms are everything. It's not hard to get money. It's hard to get money in a way that doesn't make you angry or miserable on a regular basis.
by michaelochurch 14y ago
Terms are everything. It's not hard to get money. It's hard to get money in a way that doesn't make you angry or miserable on a regular basis.
- rdl 14y agoThe $80k or $150k is independent of YC, so it doesn't affect YC's returns. The terms for the $80k or $150k were incredibly favorable; essentially uncapped/no discount and would inherit the cap of the next round of financing.