Nothing is black and white:
- For founders who can raise their pre-seed/seed outside YC, YC is typically not worth it any more.
- For founders with no existing network, YC can be worth it.
- For outside US companies, YC is often still very much worth it (both prestige & terms)
- For founders who can raise their pre-seed/seed outside YC, YC is typically not worth it any more.
- For founders with no existing network, YC can be worth it.
- For outside US companies, YC is often still very much worth it (both prestige & terms)
https://twitter.com/theryanking/status/1487500943511932941
I know an increasing number of founders who deliberately skipped YC b/c of the terms. It’s a privilege they had.
Also, @theryanking is right about this:
If you sell to startups, YC makes it easier, early on. But without YC, you’re *forced* to learn to sell better. This is good!
Also, @theryanking is right about this:
If you sell to startups, YC makes it easier, early on. But without YC, you’re *forced* to learn to sell better. This is good!
A note on outside US startups:
I believe this is a massive growth area for YC.
The VC ecosystem in EU, Asia, Africa is very poor compared to US. YC’s terms are more than generous here, and they still give outside US startups an unfair advantage in their region, all-round.
I believe this is a massive growth area for YC.
The VC ecosystem in EU, Asia, Africa is very poor compared to US. YC’s terms are more than generous here, and they still give outside US startups an unfair advantage in their region, all-round.
For what it’s worth, 95% of companies I invested in were not YC, and none of the ones listed on my investments page are: blog.pragmaticengineer.com/investing/
I asked some founders about it.
“We had much better options. With the current batch size, the equity tradeoff is too much.” YMMV.
I asked some founders about it.
“We had much better options. With the current batch size, the equity tradeoff is too much.” YMMV.
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