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A comment on Ask YC: Partial/No Funding Arrangements?. Parent comment

Re:Ask YC: Partial/No Funding Arrangements? by astrec on Thursday March 27, 2008 @10:56PM (#148288)
Does this mean YC would make a no-cash investment if the right circumstances arose?

If so, is it safe to assume that YC's target equity position would not differ significantly given to the relatively low value of the cash component vs. mentoring/networking?

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Re:Ask YC: Partial/No Funding Arrangements? by emmett on Thursday March 27, 2008 @11:55PM (#148313)
He means they fund every qualified startup that applies; they have plenty of money. If 100 promising startup teams applied, they'd fund all 100 of them.
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Re:Ask YC: Partial/No Funding Arrangements? by astrec on Friday March 28, 2008 @01:37AM (#148355)
Indeed, but in certain circumstances where there is no scarcity of cash on either side its relative value declines, hence my question.
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Re:Ask YC: Partial/No Funding Arrangements? by startupcrazy on Friday March 28, 2008 @12:16AM (#148322)
Oh please, what nonsense. Your statement doesn't even match up with what pg writes.
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Re:Ask YC: Partial/No Funding Arrangements? by pg on Friday March 28, 2008 @12:39AM (#148337)
Emmett's right.

http://news.ycombinator.com/item?id=120949

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Re:Ask YC: Partial/No Funding Arrangements? by startupcrazy on Friday March 28, 2008 @09:40PM (#149053)
No, Emmett is not right because there is no definition of qualified. It is a meaningless statement. The problem with the statement is that it implies that you are not funded you are somehow not qualified. What does that mean?
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Re:Ask YC: Partial/No Funding Arrangements? by pg on Thursday March 27, 2008 @11:55PM (#148314)
We'd always offer money. I suppose a startup could refuse to take it. But that would probably mean we'd picked wrong.
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