Re:YC Open Office Hours
by mosquito242 on Thursday December 10, 2015 @09:27PM
(#10715126)
I understand what you're saying, but my argument is that the 5K in credits are actually of fairly low value to the startups getting office hours, because they don't have real profits/revenue at that stage, at least not enough where 5K makes a difference to the long term survival of a startup.
If I'm a very early stage startup, I'm worried about being alive next year. Yes, 5K may help, but that 5K will likely not make a significant difference in my company's prospects. 20 minutes with an advisor at YC could completely change my company's trajectory.
I'd imagine there are very few companies that apply, and then get selected for office hours, that will walk away from the meeting saying "I'm so glad I did that because I got 5K in Amazon credits." That said, it is still a great perk.
Re:YC Open Office Hours
by sharemywin on Friday December 11, 2015 @08:28AM
(#10716921)
If a founder works 10k-15k/hrs on a unicorn over 5 years its like 15k/hr for every hour they spend on it.
But at the same time I can't think of anything I could spend 20 minutes on which would create more than $5k of value. $1 of AWS credits = $1 less expenses = $1 more profits = $1 more revenue.