3 ms·I did not understand how 2.6x of 15K will be 650K, can someone please explainby manish 17y agoI did not understand how 2.6x of 15K will be 650K, can someone please explainhuangm 17y agoHe's assuming YC has 6% equity in the companies. 2.6 * 15k = 0.06 * 650k.deleted 17y ago[deleted]Tuna-Fish 17y ago2.6 * 15K = 39K, however, as yc only takes a 6% stake, The total value of the companies have to be 39K/0.06 = 650K for yc to make the line.