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by asdf88990 33 days ago
“a stranger is asking you to risk $100k on his half-baked plan” is more less what YC is. And no debt involved.

You can correct yourself from there.

1 comments

And in exchange YC demands a large percentage of ownership of the company. Completely different than a loan for 5% interest.
What are you basing this on? The current $.5M up front for 7% ownership deal?

https://www.ycombinator.com/deal/

If you don't understand the difference between a loan for 5% interest and 7 freaking percent of your entire company then you really don't understand finance at all.
The only person confused here is you. It is best you don’t take these topics personally and try to understand it from an objective point of view rather personal dogma.
Who is taking what personally?