Re:YC Continuity
by andrewtbham on Thursday October 15, 2015 @04:14PM
(#10395683)
They had to do something, think about all the money they have left on the table by not making pro-rata investments in airbnb and dropbox. Not leading the rounds does seem to mitigate the signaling risk issue. imho it's a risky strategy if valuations get frothy. They may be making investments they might not be comfortable with to preserve their integrity.
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Not just may, they definitely will be making investments they'd rather not because of signaling. They obviously think that's a worthwhile trade for the upside on the next Dropbox.
Re:YC Continuity
by Matt_Mickiewicz on Thursday October 15, 2015 @06:21PM
(#10396389)
According to this article, YCombinator took the entire Series Seed round for AirBnB -- https://arenavc.com/2015/07/airbnb-my-1-billion-lesson/