Re:Y Combinator has lost its soul: A YC founder's perspective
by cactus2093 on Wednesday July 22, 2020 @12:37PM
(#23918796)
The way YC currently works is something like $125k for 7% equity. So founders can pay themselves enough to live on and still own 93% of their company. This wasn't a hypothetical that the parent comment you're replying to made up.
So whatever bizarre first-principles argument you're trying to make, which I am not really following, already doesn't match the current reality.
So whatever bizarre first-principles argument you're trying to make, which I am not really following, already doesn't match the current reality.