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I never understood Yuri's involvement. I always thought his investment philosophy was to enter at the Series B or later stage. On another note, here's a recent
by lquist 13y ago
I never understood Yuri's involvement. I always thought his investment philosophy was to enter at the Series B or later stage.
On another note, here's a recent anecdote (the plural of anecdote is not data!) about Khosla Ventures. A successful entrepreneur ($300M exit under his belt; CEO of $5B company) was in advanced talks (post-term sheet) to raise funding from them. Out of the blue, Khosla came back with a list of demands such as adding a 3rd co-founder. Obviously just one situation, but left a bit of a bad taste in my mouth.
- rdl 13y agoDST investments in YC seed stage are probably less than Yuri's property tax bill on just his Bay Area house. If it made it easier to get into any good Series B deals, doesn't that make it worthwhile?
- lquist 13y agoDoes it really make it easier? If DST knocked on the door, I know I'd answer. Well, if I was looking for funding ;)
- the_watcher 13y ago90% of founders would as well. He wants access to the other 10%. Or whatever ratio you want to give, he wants access to the best YC startups.
- pg 13y agoIt's true Yuri is mainly a late stage investor, but for a while he experimented with earlier stage investments.