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Is it just me or do people feel confused after reading this article? I thought this article was after people like Paul Graham, investors of Y Combinator. > if
by yeukhon 12y ago
Is it just me or do people feel confused after reading this article?
I thought this article was after people like Paul Graham, investors of Y Combinator.
> if you can get into Y Combinator, how much will you earn? We
then
> Y Combinator recently increased their standard investment to US$120,000, valuing each company at US$1.7 million, of which each founding team owns $1.6 million10.
I personally would call people who came up with the idea founders. People who invested the startup are investors (or managers of capital ventures).
Furthermore, earning !== net worth or valuation Until you sold the company or until you start making big profit like Google does, the numbers present in the article are just pure numbers.
The citations are bad. You called them references? Things like "~US$1.7 million / ~2.2 cofounders / ~7 years = ~104 million." are not even references; they are in-line page note. You don't put that under references! The one that requires references like "This is from AirBnB, Dropbox and a handful of others." doesn't have proper citation.
The last thing is the font CSS style on the page. Seriously, don't go fancy. I almost go blind trying to understand the article three times.
Seriously, I haven't rant so much lately but I really want to find out how much they earn instead the article provides little useful information, is confusing, not professionally written, and is published with horrible font style.
- kkotak 12y agoYes, I felt the same. In many ways, I'm more interested in how the YC group is organized and how they make money.