Re:Applications Open for Winter 2012 YC Funding
by prayag on Monday August 29, 2011 @10:48PM
(#2939918)
>Do most YC company founders go in debt / use savings / use most of the YC money, to cover personal expenses while they do this?
For us Yuri and SV money investments covered everything and gave us enough to stash.
Re:Applications Open for Winter 2012 YC Funding
by mikesaraf on Tuesday August 30, 2011 @02:37AM
(#2940378)
If you feel comfortable doing so, can you share what additional percentage of equity you traded for the additional investment. (A range is fine)
Re:Applications Open for Winter 2012 YC Funding
by prayag on Thursday September 01, 2011 @12:51PM
(#2950740)
We are right in the middle of a round. Sorry, can't say much.
Re:Applications Open for Winter 2012 YC Funding
by olivercameron on Monday August 29, 2011 @09:19PM
(#2939730)
Most new founders don't live in San Francisco. YC encourages you, and rightly so, to live in and around Mountain View, where rent is much, much cheaper than the city.
Re:Applications Open for Winter 2012 YC Funding
by samstave on Monday August 29, 2011 @11:50PM
(#2940045)
I dont think it is "much, much" cheaper.
GOTO Padmapper.com to take a look....
How difficult and costly is it to find a place in SF for 3 months? It seems like a large part of the YC money would get used up for the founders basic living expenses.
Do most YC company founders go in debt / use savings / use most of the YC money, to cover personal expenses while they do this?