Re:Have 4 minutes to help startup visa?
by mattmanser on Friday November 04, 2011 @09:58PM
(#3198584)
There's no personal guarantee on that loan. If the company fails, you don't pay it back. They are not especially onerous terms and it's the same amount of cash that YC gives for the same equity.
I'm referring to http://oxygenaccelerator.com/