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A startup I was at had plans to apply to join YC but then pulled in $4.5m in funding as a seed round. There's just so much money out there right now, I can't imagine giving up 7% for what amounts to pennies.

Admittedly joining YC in theory has knock off benefits like AWS credits, but the reality is most companies willing to give you discounts or credits because of YC will give you that same discount just for getting funding. You're basically giving up that equity for networking.



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