Re:Startups, Role Models, Risk, and Y Combinator
by ycaspirant on Tuesday March 25, 2014 @06:17PM
(#7469598)
I think what he meant to say is that YC accepts applications from companies at all stages. Once accepted to YC, all companies are given the exact same funding deal.
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Re:Startups, Role Models, Risk, and Y Combinator
by sokoloff on Tuesday March 25, 2014 @08:11PM
(#7470404)
If that's the case, I think that limits YC to reasonably early stage (pre-series A) or near-death companies. It's perfectly rational to give 6% to YC of a very early company. It's almost surely plus-EV to do that.
A successful company about to close a series-B? Much, much harder to imagine how YC would be plus-EV at that point.