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Business Development Companies are actually a thing [0]. They're consulting firms that take equity. So... yeah. You're pretty much right on. That said, YC is a
by nwenzel 12y ago
Business Development Companies are actually a thing [0]. They're consulting firms that take equity. So... yeah. You're pretty much right on.
That said, YC is a fantastic way for a young company to identify what's really important and to be reminded weekly (if not daily) to ignore everything else.
P.S. Good luck to all those interviewing for the upcoming batch.
[0] http://en.m.wikipedia.org/wiki/Business_Development_Company http://en.m.wikipedia.org/wiki/Business_Development_Company
- easytiger 12y agoSounds like easy money to me. Vague elastic definitions of success are what consultancy is all about.