Hacker News Reader

Comment by TheMakeA | Hacker News Reader

    Investors fighting over YC companies

My impression was that it was less to do with fighting and more to do with YC companies not being able to raise funding because a YC partner hadn't invested in them.

View on HN

For a while there was a standing offer from Yuri Milner to invest a substantial amount as a convertible note in any YC company (this has changed in the meantime, but it gives you an idea about how hot YC companies are).

That was the basis for YCVC.

Reply on news.ycombinator.com