Y Combinator rejigs deal model — $120K, 7% stake, no VC co-investors

 

Silicon Valley startup accelerator Y Combinator will put more money to work in startups for the same equity stake that it normally takes, the accelerator’s new president Sam Altman announced yesterday in a blog post. It will now put $120,000 to work in each startup in lieu of a 7 per cent stake.

You need to login to view the rest of the content. Please . Not a Member? Join Us