We are making two changes to our standard deal in conjunction with a recent fundraise. Starting with the Winter 2021 batch, our deal will be $125,000 for 7% equity on a post-money safe, and we will reduce the amount of our pro rata right to 4% of subsequent rounds. In the coming years, this will enable us to fund as many as 3000 more companies.
Jun 26, 2020If you’ve run a full Series A fundraising process and haven’t found a lead, pulling together a syndicate can be a good Plan B. (We’ve even seen a few cases where pulling together a competing “offer” from a syndicate triggered a term sheet offer from a lead.) If you’re in this position, here’s how to do it.
Jun 24, 2020
Marc Cuva is the lead Product Manager at ReadMe (YC W15) where he was also the company’s first full-time engineer. Learn more about Marc’s impact on the company vision, his transition to product, and the mentorship he’s gotten from ReadMe’s founder to further his development.
Jun 23, 2020We’re excited to announce that Startup School (SUS) is relaunching today as a continuous program. This change will allow us to serve many more founders than the traditional…
Jun 17, 2020Within our organization and community of over 5,000 founders, we have begun a conversation about what we can do to help improve racial and social justice in America.…
Jun 9, 2020To help job seekers amid this crisis, I’m spending a lot of time doing 1-1s and resume reviews. Below are my most common pieces of advice. Mail me…
May 19, 2020In the early stages of working on a startup, there is little time to spend on areas other than product development and talking to users. However, as you…
May 7, 2020