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by gigantor
5230 days ago
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Maybe not the most clear sentence since it leaves out the equity part; it's conveying that it provides seed money plus mentorship/networking in exchange for a modest equity from the startup. Could be better organized as:
"... Y Combinator, the investment firm that plugs seed money (~$18,800) into early stage startups and offers mentorship and access to its ever-growing network of alumni, in exchange for a modest equity (~7%) of the startup." |
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