I'm also really curious about their bets and the data. I thought the market was starting to cater to older, more experienced founders?
That's been adjusted up so that YC invests $125,000 for 7%. It still feels really low these days.
I've heard of VC firms investing 3-5 million for 10-20% in seed/series A with no seed [1, 2], which seems like a much better deal. Lots of room for growth before giving up more equity.
Which VC firms are investing like this, and how do you connect with them if you're outside the bay area but already have a product with significant growth?
Or, contrary to this, does YC offer value beyond monetary that makes the investment worth more than the alternatives?
That's been adjusted up so that YC invests $125,000 for 7%. It still feels really low these days.
I've heard of VC firms investing 3-5 million for 10-20% in seed/series A with no seed [1, 2], which seems like a much better deal. Lots of room for growth before giving up more equity.
Which VC firms are investing like this, and how do you connect with them if you're outside the bay area but already have a product with significant growth?
Or, contrary to this, does YC offer value beyond monetary that makes the investment worth more than the alternatives?
[1] https://web.archive.org/web/20200817011057/http://www.apollo...
[2] https://news.crunchbase.com/news/seed-funding-startups-top-v...