A New Standard Deal
blog.ycombinator.com
A New Standard Deal
1–10 of 96 posts
Re: A New Standard Deal
#2A big reason they said they were raising the deal previously was the cost of living in the bay area and increased cost of starting a company today[0]. Are they anticipating that those costs are going to come down now? They suggest that this decreased amount will allow them to fund more companies, and hint that it has to do with economic conditions as well. But, if that amount of money is still needed to live in the bay area and work for 6 months, then wouldn't it make more sense to decrease the number of companies funded as to not potentially handicap startups with not enough money?
Re: A New Standard Deal
#3As an outsider, is this for a 6-month very early angel investing, and is a total offering (meaning that's all you get for 6-months for your startup?)
edit: Also I have no idea what a 'post-money safe' is.
Re: A New Standard Deal
#4A big reason they said they were raising the deal previously was the cost of living in the bay area and increased cost of starting a company today[0]. Are they anticipating that those costs are going to come down now? They suggest that this decreased amount will allow them to fund more companies, and hint that it has to do with economic conditions as well. But, if that amount of money is still needed to live in the b…
If cost of living is so high, I wonder why they wouldn't invest in a dorm-like living space for founders? I'm not familiar with the area, so I imagine there's reasons for it, but being able to focus on work instead of life-maintenance details seems like it would benefit the organization.
Re: A New Standard Deal
#5A big reason they said they were raising the deal previously was the cost of living in the bay area and increased cost of starting a company today[0]. Are they anticipating that those costs are going to come down now? They suggest that this decreased amount will allow them to fund more companies, and hint that it has to do with economic conditions as well. But, if that amount of money is still needed to live in the b…
If cost of living is so high, I wonder why they wouldn't invest in a dorm-like living space for founders? I'm not familiar with the area, so I imagine there's reasons for it, but being able to focus on work instead of life-maintenance details seems like it would benefit the organization.
This would benefit a subset of founders - those who are young and single. What if you have a partner? A family?
YC is actively moving away from its roots as an alternative to a summer internship for college students to premier seed / Series A investor for companies with traction. Your suggestion runs counter to where they're headed.
Re: A New Standard Deal
#6> In 2011, Yuri Milner and SV Angel began offering an additional $150k to every startup in YC.
What happened to Yuri Milner, haven't heard his name in a while. Is he still actively investing?
Re: A New Standard Deal
#7A big reason they said they were raising the deal previously was the cost of living in the bay area and increased cost of starting a company today[0]. Are they anticipating that those costs are going to come down now? They suggest that this decreased amount will allow them to fund more companies, and hint that it has to do with economic conditions as well. But, if that amount of money is still needed to live in the b…
If cost of living is so high, I wonder why they wouldn't invest in a dorm-like living space for founders? I'm not familiar with the area, so I imagine there's reasons for it, but being able to focus on work instead of life-maintenance details seems like it would benefit the organization.
Among other things, I'd expect this is because YC is trying to break free of the idea that the only way to be a successful startup founder is to be a young, single, attachment-free man.
Successful startups are created by all kinds of people in all kinds of different life situations, and YC needs to be careful to be inviting to as broad an array of people as possible.
At the same time, I agree that dorm-style living (along with other nontraditional styles of living like mulitigenerational or multifamily units, cohousing, coliving, etc...) is a great idea and our culture should work to be more supportive of experimenting with housing. Especially, as you said, in areas with severely impacted housing markets.
Re: A New Standard Deal
#8How many YC companies are "remote"? What is the optimal deal if the cost of Bay Area located startups is balanced with the cost of distributed startups?
Re: A New Standard Deal
#9As an outsider, is this for a 6-month very early angel investing, and is a total offering (meaning that's all you get for 6-months for your startup?) edit: Also I have no idea what a 'post-money safe' is.
No offense, but some quick googling will answer those questions.
Re: A New Standard Deal
#10I figured the increase to over 100k is when non-technical people started doing it. They hire people to make their MVP instead of the founders themselves. Or am I wrong about that?