Comments on: YCombinator startup application form http://www.salas.com/2008/04/30/ycombinator-startup-application-form-2/ Some stuff I just figured out Thu, 21 Aug 2008 00:52:12 +0000 http://wordpress.org/?v=2.5 By: Dharmesh Shah http://www.salas.com/2008/04/30/ycombinator-startup-application-form-2/#comment-31037 Dharmesh Shah Thu, 01 May 2008 13:02:56 +0000 http://www.salas.com/?p=2047#comment-31037 That's not the complete story. Although the amount invested is small, there are definitely other benefits to the program -- particularly the network and peer group that gets built. Further, I believe that the equtiy that YC takes for their investment is common shares (not preferred shares as is the practice in most angel and VC deals). This changes the economics of the deal in the favor of the entrepreneur. That’s not the complete story. Although the amount invested is small, there are definitely other benefits to the program — particularly the network and peer group that gets built.

Further, I believe that the equtiy that YC takes for their investment is common shares (not preferred shares as is the practice in most angel and VC deals). This changes the economics of the deal in the favor of the entrepreneur.

]]> By: Jered http://www.salas.com/2008/04/30/ycombinator-startup-application-form-2/#comment-30749 Jered Wed, 30 Apr 2008 15:32:27 +0000 http://www.salas.com/?p=2047#comment-30749 As an entrepreneur, I see $15k for 6% of a company nothing short of highway robbery. If you have a good idea, you'll do much better looking elsewhere. Given how piddling Y-Combinator's investments are, you should just get a bank loan or get a low-interest credit card. As an entrepreneur, I see $15k for 6% of a company nothing short of highway robbery. If you have a good idea, you’ll do much better looking elsewhere. Given how piddling Y-Combinator’s investments are, you should just get a bank loan or get a low-interest credit card.

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