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dannyw
on Jan 10, 2022
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YC’s $500k Standard Deal
Nope. They still retain their perpetual, unlimited 4% pro rata in addition to the 375k most favorable note.
This is extra pro rata.
lmeyerov
on Jan 10, 2022
[–]
Yep, and apparently forced bc they give the $ on day 1. That's a lot of %, and before most founders understand what is happening, esp. in their target demographic....
Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10
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This is extra pro rata.