Whenever there's a blog post about Y Combinator's summer funding, I always see TechStars and Lightspeed brought up or mentioned in the comments.
Comparisons will be made, naturally. There is a lot of discussion regarding the funding vs. share percentage ratio, some lamenting that there is such a high percentage being taken for a relatively small seed. If broken into pure numbers, I can see where one might draw that conclusion. But it seems many are then missing the point.
It's not the size of the check that's written, it's the support and backing, the advice from valley veterans, the valuable critique from those who understand this arena the most. It's the crucial foot-in-the-door process and the inherent buzz publicity you just can't buy.
And since it comes down to all that, I'd rather it be with Y's folks because these are names that I actually recognize along with a proven portfolio.
Comparisons will be made, naturally. There is a lot of discussion regarding the funding vs. share percentage ratio, some lamenting that there is such a high percentage being taken for a relatively small seed. If broken into pure numbers, I can see where one might draw that conclusion. But it seems many are then missing the point.
It's not the size of the check that's written, it's the support and backing, the advice from valley veterans, the valuable critique from those who understand this arena the most. It's the crucial foot-in-the-door process and the inherent buzz publicity you just can't buy.
And since it comes down to all that, I'd rather it be with Y's folks because these are names that I actually recognize along with a proven portfolio.