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One argument would be that VC's are starting to feel like ALL YC investments are overhyped, and that YC is generating its own returns via demo day. Participatin
by URSpider94 11y ago
One argument would be that VC's are starting to feel like ALL YC investments are overhyped, and that YC is generating its own returns via demo day. Participating pro-Rata in all future rounds is a signal that YC continues to think its participants are a good investment even after demo day.