21–30 of 96 posts
Per the blog post, this is to enable funding more companies in the future. How is YC able to scale funding all these companies? Are the ratios of partners to companies consistent? Does it scale linearly? Or as YC grows do they leverage their outside network more?
I 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?
I 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?
$100K won't buy enough professional services to build, launch, and operate an MVP unless the app is very simple. If it's simple enough that anyone can drop $50K-100K on design services and have your business cloned, it's not a very defensible startup idea. There are occasional exceptions, but typically the founding team must have the majority talent and skills required to launch the MVP.
The founders are convinced, and hence are the ones doing the free work.
A 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.
As 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.
Earlier quoted context omitted.
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.
From the beginning, YC was opposed to the incubator model, which that idea would be more aligned with. Even having startups share offices was never something they were interested in. That was partly because they had no interest in managing offices, or managing at all (or offices, for that matter). But there were deeper reasons: the sense that great startups develop in environments of their own creation, a suspicion o…
For people in YC who are looking for places to work though and want to get out of their apartments I highly recommend the public libraries in Mountain View and the surrounding towns. They're quiet, well lit, have fast wifi, comfortable chairs and desks, and lots of nooks and crannies without much distracting foot traffic.
As 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. https://www.ycombinator.com/documents/
> 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?