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Re:Incubator RoundUp 2008 (YC, TechStars, DreamIt, LaunchBox) by pg on Thursday January 08, 2009 @11:51PM (#426221)
Many of the YC startups listed there have had more than seed funding. They just didn't announce it. Two others haven't bothered to raise money because they were already profitable and didn't want the distraction.
Re:Incubator RoundUp 2008 (YC, TechStars, DreamIt, LaunchBox) by qhoxie on Friday January 09, 2009 @12:02AM (#426230)
I believe the same is true for companies in the other incubators; a lot of funding has not been announced.
Re:Incubator RoundUp 2008 (YC, TechStars, DreamIt, LaunchBox) by schoudha on Friday January 09, 2009 @12:45AM (#426269)
Being profitable doesn't mean you not should raise money. If anything it's an opportunity to raise money on favorable terms as you don't need VCs.
Re:Incubator RoundUp 2008 (YC, TechStars, DreamIt, LaunchBox) by pg on Friday January 09, 2009 @12:49AM (#426274)
Four were (ramen) profitable by Demo Day this summer. Two of those did take money from investors. The other two might still at some point. All four have had offers.