[ones_and_zeros]

I think it is a no brainer given your reasoning but I think it is fair to say you would have done it without the cash investment. I think this is just a testament to how far yc has come from an incubator taking 7% and giving 20k (or was it even less?) to some unknown hacker types with a paper napkin prototype.

YC is more of a "business club" than an incubator from some points of view, I don't blame either side and is probably the reason they are diversifying with various programs to ensure they aren't missing out on the unknown hacker with a paper napkin prototype.

[michaelheinrich]

I can say that it wasn't an easy decision, I had to mull it over a few times and talk to various advisors, alumni, and friends about it. In the end it was very worth it!