3 ms·
Are you saying that YC only invests 11K per company plus 3K per founder?
by nakkiel 13y ago
Are you saying that YC only invests 11K per company plus 3K per founder?
- patmcc 13y agoCurrently it doesn't seem to be that low ( "we invest a small amount of money ($14-20k + an $80k note") from http://ycombinator.com/ http://ycombinator.com/ , but yeah, it's not a huge amount of cash. It is very early stage startups though, remember.
- namenotrequired 13y agoThat's what YC says: How much do you invest? Usually $11,000 + $3000 per founder. So $17,000 for two founders, $20,000 for three or more. We've also arranged for each startup to get $80k in convertible notes automatically. The goal is usually to give you enough money to build an impressive prototype or version 1, which you can then use to get further funding. http://ycombinator.com/faq.html http://ycombinator.com/faq.html