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I always think that speculation about YC's fundraising value obscures the correct causal link. YC doesn't make fundraising easier, per se, it makes you build a
by zt 13y ago
I always think that speculation about YC's fundraising value obscures the correct causal link. YC doesn't make fundraising easier, per se, it makes you build a more valuable company. That makes fundraising easier.
I get some variation of this question a lot. I assume that all recent YC alumni do. I always talk about (a) the intense focus that YC gives it's founders, (b) the positive pressure that the partners, the dinners, and the batch provides, and (c) the incredibly supportive guild of alumni.
YC helps founders build companies that are valuable. VCs and angels know that.
- erichurkman 13y ago> YC helps founders build companies that are valuable. VCs and angels know that. It helps for those that don't make it, too. Just going through the application process helps vet out viability (of the idea(s), of the founders, of the tech, ...).
- aelaguiz 13y agoTotally true. I'd add though that there definitely is a level of initial respect you get as a YC company. It doesn't help close the deal, but it will generally keep you out of associate land.