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by genuine 4946 days ago
As alluded to in the post, I think that the 80k/startup rule is probably not a good one either.

80k might not be enough and "doing more with less" can just as often lead to failure. Case in point is the recent post about the lean startup that only provided the minimum viable product (MVP), but failed to really provide what was needed. If pressure is put on startups to provide a product faster for less, then less of a product will be provided. Granted, YC will provide more support and try not to let such things happen.

I think the funding should be decided on a case-by-case basis instead. Possibly more funding could be given to those with a better idea that have greater need through some sort of point system, and either provide a range of funding from 40-120k without requiring more from the VC's, or provide 80-150k if the VC's are able.