Some companies that their idea to start was to first raise a pre-seed round and sell 30% to some random investor. Michael, would you rather fund that or the brand new company that started a month ago, they just quit their jobs? You do YC because you want an amazing peer group. And like so many people that convince founders that YC's bad, they can't explain why taking their money is better.
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.
Apply to Y Combinator: https://yc.link/DandM-apply
Work at a Startup: https://yc.link/DandM-jobs