> "By the end of the second week, we had our first lead investment offer"
My concern with YC is that it doesn’t give you time to build relationships and determine who is actually a good investor to work with. How do YC startups go about this? Since you're giving up a board seat, you're stuck with them for a long time. This whole two-week timeline feels very rushed.
Not at all - anyone who has ever tried raising money from VCs knows that they are extremely risk averse and always looking for someone else to lead the round. It doesn’t even matter what you’re building as long as other people are investing.
My concern with YC is that it doesn’t give you time to build relationships and determine who is actually a good investor to work with. How do YC startups go about this? Since you're giving up a board seat, you're stuck with them for a long time. This whole two-week timeline feels very rushed.