News for hackers. Stuff that matters.

A comment on Take the Next Step, Paul. Parent comment

Re:Take the Next Step, Paul by pg on Monday March 24, 2008 @08:07PM (#145202)
These angel groups usually have a different structure. You go and present to them and the angels individually decide whether they want to invest. Whereas YC itself is the investor in the startups we fund, as with a VC firm.
[ Parent | on HN ]
Re:Take the Next Step, Paul by electric on Monday March 24, 2008 @08:12PM (#145208)
Ok and I guess this is a lot different too... (the mgmt team bit)

Q: What does the Band look for in their initial review?

As with most venture funds, the Band seeks to invest in companies with a strong management team, unique technology and a large potential market.

[ Parent | on HN ]