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 […]

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 […]