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foobarqux on March 18, 2016 | parent | context | favorite | on: I Am Sam Altman, President of Y Combinator. AMA

Is it true that some VCs get first dibs on YC companies before demo day?

jasonmcalacanis on March 22, 2016 [–]

I can confirm this is true, because YC staff members have explained to me that they bring in a small group of investors to mentor -- and because founders have confirmed it.

This is something I talked about on This Week in Startups, and frankly I think it has something to do with my "ban."

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