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A comment on Yuri Milner, SV Angel Offer Every New Y Combinator Startup $150k. Parent comment

Re:Yuri Milner, SV Angel Offer Every New Y Combinator Startu... by JoeAltmaier on Saturday January 29, 2011 @10:59AM (#2155609)
It means your plan IS to give some of your company away for money. Instead of holding 100%, getting ramen-profitable, working your butt off to make it.
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Re:Yuri Milner, SV Angel Offer Every New Y Combinator Startu... by boucher on Saturday January 29, 2011 @01:23PM (#2155966)
Actually, even that isn't true. If a company were to take this money, and then never raise another round, they would simply have to pay the debt back, I'm guessing at a fairly modest interest rate.
[ Parent | on HN ]