What does everyone think?
That this post is a mistake?
That this post is a mistake?
1. Maybe the poster is confusing profit with revenue?
2. Either way, it sounds like a bad deal..
3. And whatever the deal, you never want to discuss publicly until a contract is signed.
4. And of all places, especially not on the forum run by the VC..
The whole story is almost too crazy to believe.
Unless, of course, the posted already decided to reject the offer but wanted to capitalize on it with a publicity stunt.
Also, why not provide more details such as a name or url if you're going to drop the "7%" figure. Your identity is already blown.
Perhaps someone is questioning the value/integrity of the YC concept rather than the monetary values.