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The YC companies aren't being offered the 2M angel valuation, so it seems silly to compare them directly like this. There's nothing barring YC companies from t
by GavinB 17y ago
The YC companies aren't being offered the 2M angel valuation, so it seems silly to compare them directly like this.
There's nothing barring YC companies from taking more investment after the 3 months in which they go from an idea to a launched product. In fact, being in YC makes a company much more attractive to future investors.
I'd say that the difference between an idea on paper and a complete product or prototype is probably 10x, so in that sense these numbers really seem reasonable.
- jgrahamc 17y ago"n fact, being in YC makes a company much more attractive to future investors." If this were Wikipedia I'd say [citation needed]. Also, are you comparing being in YC and having no support, or being in YC and having an angel investor? The latter is what the OP is talking about and argues that an angel gives more cash, for less equity.
- GavinB 17y agoThe article asks “Is it worth 3 months working by yourself to get 10x a better deal?” It’s asking you to make a false choice. Which e-mail is a VC or Angel more likely to reply to: a) We worked three months on our own and built a prototype b) We were funded by YC for three months and built a prototype