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So they're getting 20k from YC to get valley contacts, at the cost of a percentage of the company, when they already have pharmaceutical and NIH funding? Or is
by robbiep 11y ago
So they're getting 20k from YC to get valley contacts, at the cost of a percentage of the company, when they already have pharmaceutical and NIH funding?
Or is there a different deal in place for biotechs?
- davemessina 11y agoOver half of the YC companies (us included) don't really need the money. The $120k investment is only a small part of what YC does. See http://www.ycombinator.com/atyc/ http://www.ycombinator.com/atyc/