Re:Introducing YC Series A Batches
by ttul on Monday June 04, 2018 @04:33PM
(#17232108)
Dumb question: do you have to be a YC-backed company to participate?
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Not dumb at all. It's something we thought about a lot. The program is just for YC companies, though we'll continue to release information and learnings for other people.
Re:Introducing YC Series A Batches
by alfredallan1 on Monday June 04, 2018 @11:53PM
(#17234859)
Why?
If someone has “seeded” from personal funds/friends/family and gotten to a stage of reasonable traction, why disqualify them from direct entry into Series A, or artificially force them into Seed even when they’re clearly past that stage?
Easier to start with a focused group of people you have some relationship with.
Because the Series A program is free (no equity) and YC, although very founder friendly, isn’t a charity.
Re:Introducing YC Series A Batches
by alfredallan1 on Wednesday June 06, 2018 @06:47AM
(#17245925)
No charity expected, being very founder friendly is sufficient. I must have missed this bit - “Series A program is free”.
In any case, what I wanted to say is an independent Series A program (that allows direct entry in addition to Seed Program graduates), parallel (and similar) to the seed program, sounds like a good idea. Maybe that’s what this experiment might morph into eventually.