chewb

3 ms·

1. 1.▲
   by chewb 16y ago

   Giving up 6% for advice is very, very expensive.
2. 2.▲
   by chewb 16y ago

   The thing is, if you need a really good advisor, you don't give away 6% of your company to do it. That's unheard of in Silicon Valley. If you want to bring on a great advisor, you'll probably only need to give up 1% (or a fraction of it).
3. 3.▲
   by chewb 16y ago

   Likewise, a lot of the greater YC success stories did it mostly by their own actions.