4 ms·
We are a bootstrapped ~2.5yr old company that is doing $5M in Revenue and ~$2M in PBT. We have fallen into a bit of a funk in the past 6-12M or so growth-wise a
by lquist 12y ago
We are a bootstrapped ~2.5yr old company that is doing $5M in Revenue and ~$2M in PBT. We have fallen into a bit of a funk in the past 6-12M or so growth-wise and basically flat-lined. We are talking to a few funds to raise a ~$10M round (mostly secondary) to bring the PBT down to 0 and really swing for the fences. We've thought about applying to YC but the 7% seems high for us at this stage. Is YC interested in co-investing the standard YC amount in such a round at the market valuation instead of standard YC valuation?
- sama 12y agoUnfortunately we don't do that--it just doesn't fit our model. Plenty of companies have done YC at a later stage and still thought we increased their value far more than the 7% we take, though.
- myblake 12y agoI'd be more concerned with whether YC would invest in a company whose growth had flatlined: http://www.paulgraham.com/growth.html http://www.paulgraham.com/growth.html, with that said if you're making that much revenue I think there's likely other good options for you. Best of luck!
- arfliw 12y agosama said they don't do that but they actually did do exactly that with Quora. I guess they made an exception.