News for hackers. Stuff that matters.

A comment on How not to promote your Startup Accelerator on Hacker News. Parent comment

Re:How not to promote your Startup Accelerator on Hacker News by apu on Thursday March 31, 2011 @04:01PM (#2393380)
I think Smirnoff was saying the YC gets you $150k cash, because of Yuri Milner + SV Angel's blanket convertible note to all YC companies.
[ Parent | on HN ]
Re:How not to promote your Startup Accelerator on Hacker News by marcomonteiro on Thursday March 31, 2011 @04:10PM (#2393439)
Sorry about that. I was originally referring to MassChallenge's program in my comment and trying to point out that $50k free and clear doesn't make it better (as in better than YC taking an equity position).
[ Parent | on HN ]