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Start Your Own Damn Y Combinator
Silicon Valley might should just start an altogether new Y Combinator. The existing Y Combinator is a privately-owned venture capital firm free to conduct business in its own way. Y Combinator also exclusively reserves the right to choose the companies it funds. And yet, there’s two recurring controversies about Y Combinator: perceived prejudice and too much […]
New YC Investments Still Get Same Low Offers Since 2005, Portfolio Companies Potentially Worth $13.7 Billion
If your startup idea is so great, then why would you sell 7% of your startup for $20,000 dollars and some advice? You probably wouldn’t. Y Combinator has obviously thought of this question. That’s why their first advice after investing is to avoid anyone else’s “lowball offers”. That advice seems to be working so far: Valuations […]
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