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by zackmorris
2817 days ago
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Hey it's Friday and I always wanted to ask: what do the people at YC think about bringing back some kind of smaller-scale investment for a larger number of applicants? There was a time in my life after I graduated in college in '99, after the dot bomb, before the housing bomb, before YC, when I could have made just about any app/website in 6 months for $10,000. I wasn't driven by money, I just needed basic living expenses for enough runway to get ahead before someone snagged me back into working another day job to make ends meet. To me, microlending to this vast pool of untapped potential was the basic premise of YC and what I found so revolutionary about it. Would you consider breaking one of your $150,000 investments into 10 or 15 smaller investments? Why or why not? Thanks! |
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