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I would imagine that these types of startups don't work with YC's traditional valuation and round sizes. I hope they start changing the terms, especially as th
by deepinsand 13y ago
I would imagine that these types of startups don't work with YC's traditional valuation and round sizes. I hope they start changing the terms, especially as they now have enough data to find a better "break even" number.
For instance, I'm tackling energy economics, and doing business development alone in this industry dwarfs YC's round.
- Q6T46nT668w6i3m 13y agoAgreed $20,000 for 2-10% of investment isn’t particularly attractive when you need to raise an enormous amount of money. Moreover, Y Combinator doesn’t have partners with relevant experience in most of these markets.