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Question for PG: Do the partners commit to fund companies in secret immediately on demo day or do they now make decisions based on how well external funding goe
by blazespin 13y ago
Question for PG: Do the partners commit to fund companies in secret immediately on demo day or do they now make decisions based on how well external funding goes? In some ways, it sort of seems we have the same problem, but now the partners are the ones to take advantage of 'signals'.
- lawnchair_larry 13y agoIf a YC company could no longer get a personal investment from a YC partner, it doesn't matter much. If they can't get funding from any VC, they almost certainly die. So even if one thinks that the comparatively low-value signal of a VC investment is now going to be exploited by a partner, YC is not worse off.