Michael Wolraich: YC is like an auction where you can name your own price. He says that's a foreign language to people who have raised around $1 billion in the past. "I got founders messaging me on Slack, Michael, what's going on? And I'm like, oh yeah, now this is just how this is what, nobody told you this is what happened at YC?" he said. 'The friendly people that wanna talk to you are often the most exploitative'
With the YC S22 batch coming to a close, Dalton Caldwell and Michael Seibel reflect on the recent batch and their experience fundraising. The two group partners also clear up some misconceptions about Y Combinator based on feedback from founders.
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