Re:"But YC takes 7% of my company " – Our experience of YC W24
by aayushshah15 on Sunday April 28, 2024 @02:53PM
(#40190851)
The other side of this spectrum is that the founders spend months of their time fundraising rather than actually building the company.
My concern with YC is that it doesn’t give you time to build relationships and determine who is actually a good investor to work with. How do YC startups go about this? Since you're giving up a board seat, you're stuck with them for a long time. This whole two-week timeline feels very rushed.