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"Y Combinator usually invests $120 thousand in its startups, but Altman revealed during the Q-and-A that they have plans for helping startups requiring more mon

• brudgers 12y ago
  Or just a structure that better accommodates capital intensive business. There are markets where there's no MVP, with the emphasis on viable a couple of people can hack up in a year because the list of minimum necessary attributes is too large. Under the current structure, raising capital can swamp developing a product when the minimum skin is say $12 million even eating ramen. Some businesses require 100 staff and not requiring the founders to sell unrealistic visions of equity turning into wealth compensating for below market salaries is a way to build better company culture when the work demands 35 or 60 people.
• dmritard96 12y ago
  hardware