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My case specific advice can differ. My general advice without knowing the context is to apply. I didn't mean it is for everyone. Some of those reasons to not r
by ivankirigin 12y ago
My case specific advice can differ. My general advice without knowing the context is to apply. I didn't mean it is for everyone.
Some of those reasons to not raise after YC would exclude taking money from YC at all. They are still investors that expect a return.
Let me give an example that sounds crazy to normal people. If you're only going to make $1M a year and won't ever sell your company, you shouldn't bother taking external funding from investors that expect a strong return.
- tptacek 12y agoI agree! I'll go you one further: I don't have a lot of sympathy for people who complain about how investors make it hard to run a slow-burn company, or to build a service that funds itself on subscription fees rather than ads/data. I gave a long list of reasons though because I think there are reasons not to raise even if you're ambitious about growth. It's very clear to me that if you think you might ever raise, YC is a no-brainer. It's pretty clear to me that if you've never run a company before, even if you don't ever plan on raising, YC is a net positive. After that, it's less clear to me --- not that I think it's a bad idea, just that I think it's something you'd have to think about, rather than automatically saying "of course yes yes!".
- deleted 12y ago[deleted]