Since inception? How old is it? Are you earning a million dollars doing what you're going to continue doing (i.e. is it three friends who were freelancing for a

Since inception? How old is it? Are you earning a million dollars doing what you're going to continue doing (i.e. is it three friends who were freelancing for a couple years and have a product they'd like to sell, or have you been selling a product to make that money)? And why are you treating YC as just a cash investment? They've always claimed that the most valuable thing they give is advice, so you have to ask what that's worth, too. Consider it this way: you're giving up 7% of your company in exchange for the chance to pitch to far more investors, on far better terms -- if your numbers are as good as you say they are, you might find that the deal pays for itself on that basis.