> $120k for 7% in a company!? Is that really a favorable term to startups? There's no way I would ever, EVER sell 7% of my company for a such a small sum. Who would sell out their passion for such a pittance?
YC is typically funding a company in their seed round. At this stage the company doesn't have a real valuation and could honestly be worth zero. Valuing a company at $1.7 million at this stage seems pretty good to me.
Now companies coming into YC much later when they already have a specific valuation? May or may not be worth it, it depends on where the company is.
YC is typically funding a company in their seed round. At this stage the company doesn't have a real valuation and could honestly be worth zero. Valuing a company at $1.7 million at this stage seems pretty good to me.
Now companies coming into YC much later when they already have a specific valuation? May or may not be worth it, it depends on where the company is.