Y Combinator Now Giving $150K for 7%
Quote from Ndubuisi Ekekwe on October 2, 2018, 2:31 AMY Combinator improves deal terms from $120k to $150k for the typical 7%.
We are changing the standard deal at YC and increasing our investment from $120K to $150K. The $150K investment for 7% will be made on a post-money cap safe. We believe the post-money safe is simpler, making ownership and dilution easier to understand.
This new deal will start with our Winter 2019 batch, and replaces our previous deal of $120K for 7%, which was typically executed by buying common stock coupled with a safe. Other aspects of our deal, such as pro rata follow-ons, will generally remain the same.
Y Combinator improves deal terms from $120k to $150k for the typical 7%.
We are changing the standard deal at YC and increasing our investment from $120K to $150K. The $150K investment for 7% will be made on a post-money cap safe. We believe the post-money safe is simpler, making ownership and dilution easier to understand.
This new deal will start with our Winter 2019 batch, and replaces our previous deal of $120K for 7%, which was typically executed by buying common stock coupled with a safe. Other aspects of our deal, such as pro rata follow-ons, will generally remain the same.