Abstract: YC "production" of the early stage of the project began to accelerate the pace of further scale. Since Sam took over, each session from the more than and 50 teams to expand to the more than and 100, twice as big. In the past, about 1/4 Silicon Valley A round of financing projects from YC, the success of large-scale replication mode, has eaten momentum.
YC, head of a new generation of Sam Altman
for a long time in looking after another partner, Alfa and I took part in the commune before the summer of 2015 YC Demo Day, we were pleasantly surprised to see the many different this year. This is also the founder of YC Paul Graham Sam Altman retired, the new young took over after the YC changes, changes in the investment strategy can also be seen in the overall trend of the future evolution of angel investment, scale expansion, can be used to enter the hardware, emphasis on corporate services and medical health surveys. I would like to share my observations with you on titanium media:
angel investment to bulk copy, scale effect
YC production in the early stages of the project began to accelerate the pace of further large-scale. Since Sam took over, each session from the more than and 50 teams to expand to the more than and 100, twice as big. In the past, about 1/4 Silicon Valley A round of financing projects from YC, the success of large-scale replication mode, has eaten momentum.
our meeting and some participants of the investor exchanges, almost everyone said that the YC brand is good, although the project is too expensive, but VC is still in droves, the main reason is that the project quality is high, the survival rate is high. For early projects, survival is the hard truth.
the trip to the United States, we traveled along the west coast of the north and south, all the entrepreneurs encountered in considering the application into the YC, because YC has entrepreneurial talent for the team to provide in-depth counseling. YC of the overall operation of the system, high efficiency, also evident from Demo Day. More than 400 people, more than and 100 teams, two consecutive half Demo Day order, complete information in a timely manner. To the point of praise of the team, said the investment intention to send e-mail and other functions have been prepared in advance, and on the web site and schedule together, it is very convenient to use.
The design framework of SAFE investment in terms of entrepreneurial team
YC tendency for investors (Simple Agreement for Future Equity framework agreement, so that investors and the team quickly reached intentions), to guide investors in accordance with the prefabricated patterns of intention, which greatly improves the efficiency, but also avoids the problems of team and investment intention is not clear, do not give investors any bounce excuse. The National People’s Congress to participate in the financing of a novice, talk about financing without practical experience, this experience is not equal, so that entrepreneurs often suffer.