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In the unlikely event you didn't already know this, YC's investment is not meant to be the only funding a company ever raises. It's just meant to get the compa
by pg 13y ago
In the unlikely event you didn't already know this, YC's investment is not meant to be the only funding a company ever raises. It's just meant to get the company to the point where it can raise more from the next round of investors. Which in the case of a company building the sort of thing you can't launch version 1 of in 3 months usually means building some initial proof of concept.
- Leoren 13y agoVery good point, pg. But compared to software startups, hardware is really a field that requires much more inputs than just a concept/idea to initiate in terms of time, money and man power, especially semiconductor chips. I think that's why there has been no such investment in YC for such a short term of 3 months. Am I right?