Why would you need to give up a higher percentage of your company? Can't you just give those later investors a smaller share in exchange for $375k less money?
And getting the money now instead of later sounds to me like an amazing deal; you can continue for longer before you need to find those later investors, and by that time, you'll be worth more and get a better deal from them, and therefore also get a better deal from YC.
I don't know much about startup financing, but to my layman's eyes, this sounds like a good deal.
And getting the money now instead of later sounds to me like an amazing deal; you can continue for longer before you need to find those later investors, and by that time, you'll be worth more and get a better deal from them, and therefore also get a better deal from YC.
I don't know much about startup financing, but to my layman's eyes, this sounds like a good deal.