Keith Rabois is the new king of Y Combinator

http://gigaom.com/2010/08/30/keith-rabois-is-the-new-king-of-y-combinator/

by answerly • 16 years ago

24 11 16 years ago

tptacek• 16 years ago

It looks pretty obvious to me that YC has hit some kind of marketing inflection point here. They've become a status symbol for investors and industry pundits as well as for founders. I can't articulate it better than that, but it bodes well for them. Congrats.

paul2• 16 years ago

So far, I've invested in 6 from this class. Only time will tell if that's a good thing or a bad thing :)

lizg• 16 years ago

How many had been completed as of Demo Day? I'll update the story.

paul2• 16 years ago

5 on demo day. Thanks

joshu2• 16 years ago

I'm in two, so far...

zalzally• 16 years ago

Let's say you're a very early stage startup with no raised capital. Let's also say you have two equally plausible options today of raising a convertible note with a cap. You can raise either $500k or $1M. How would you choose?

Bottom line -- if you could, would you take more capital now given the potential risk of a double-dip recession, or take less and hold onto more of your company?

joshu2• 16 years ago

I'd do $1m. Gives you some dry powder in case you need it.

spog2• 16 years ago

Lets say I need to raise about $500k; how does the terms look like? If this question is already discussed, could you please point me to the url?

amund• 16 years ago

http://www.gabrielweinberg.com/blog/2010/06/how-to-learn-abo... gives an overview of term sheets.

For numerical term sheet examples see http://thefunded.com

spog2• 16 years ago

thank you Amund.

Keith Rabois is the new king of Y Combinator

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