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by JumpCrisscross 2816 days ago
> Why get a VC at that scale?

A dollar of VC is generally worth, ceteris paribus, more than a dollar of friends & family money. The coaching, connections, reputation boost when talking to other investors, sales prospects, potential employees, the media, et cetera are meaningful.

2 comments

That seems certainly to be true of YC, but I'm less certain about VC in general. YC aside, the major benefit of VC money is that it can make getting more VC money easier, since it's bundled with social proof.
They may be meaningful but how valuable are they? I'm not sure there have been meaningful or rigorous attempts to answer that question.