Hacker News Reader

Comment by clpm4j | Hacker News Reader

The pro's of YC are staggeringly overweight in comparison to the cons. You trade 7% of your mostly-worthless startup for $500k and the YC network? That's such an easy decision.

You cannot literally connect with anyone through Linkedin or social media. It just doesn't work like that.

View on HN

My company did YC in 2017. Raised $5M. Disconnected mentorship. Agreeable coaches with no industry insight.

Since then, we folded, and started a new company. We didnt go for YC, but StartX and directly connect with funds such as First Round and others. We raised $12M, and not having YC in the cap table really helped our investors to dive in.

Would you mind sharing which companies these were?

What makes you say that you can connect to anyone on LinkedIn? You can purchase a premium LinkedIn account and craft a nice message and if you're actually a match for the expectation you can connect. Source: everyone I know receive messages from LinkedIn Premium users - they read at least the first sentence before discarding or accepting.

Huh? All the good engineers I know send anything from LinkedIn straight to /dev/null, because of exactly the phenomenon you describe: anyone can pay Microsoft money to send them spam.

not everyone's an engineer in the world - there's tons of sales and biz people that you can connect to ;)

7% seems like a great deal for some startups and a bad deal for others.

Reply on news.ycombinator.com