11–20 of 199 posts
Congrats to YC and all of the startups. Sadly, I can already hear the chants of "Bubble!".
Although "Paul Graham seemed very pleased" implies it doesn't, so I figure I'm wrong. Maybe it is for the better, especially when it's optional...
Predictably there will be a lot of bitching by other angels, imo they should create a fund and offer to match.
YC might become a one stop shop.
Congrats to YC and all of the startups. Sadly, I can already hear the chants of "Bubble!".
Not really, I think most of here would assume YC would in the next few years produce a solid return. Here your basically aligning youself to YC's performance instead of trying to pick which ones you think will turn out the best. Although sounds like they are still doing that additionally.
Holy shit. The word "disruptive" is overused but it's pretty applicable here. Crazy. But is this fair to other angels/investors?
Holy shit. The word "disruptive" is overused but it's pretty applicable here. Crazy. But is this fair to other angels/investors?
What it does do is turn YC into a market index. Interesting.
Congrats to YC and all of the startups. Sadly, I can already hear the chants of "Bubble!".
Not really, I think most of here would assume YC would in the next few years produce a solid return. Here your basically aligning youself to YC's performance instead of trying to pick which ones you think will turn out the best. Although sounds like they are still doing that additionally.
This investment will convert at valuations closer to 5M these days. So in fact they're effectively paying 10x what YC is paying for about the same stake in a company post the financing.
Congrats to YC and time will tell if it works, exciting either way.
Investing in a company based on its acceptance into YC? Hm. Also, I think this breaks the model a bit, I thought the point of the initial small(er) investment was to drive creation of a product or business model that could then expand naturally or take further investment once they've proven the products value/viability etc. I guess for some it would be a bonus, but for some it might be a curse? Although "Paul Graham…
(Also the Ycomb environment and all that too)
It's a little scary how good the yc companies seem to be lately.