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Hi Sam, Have YC considered doing a lower tier of funding?

Funding 120k is good for early startups, but I think YC could have far more reach and impact if it had an option to provide less capital to a greater number of startups. The purpose being to allow founders to support themselves and fully focus on their startup without having to worry about daily jobs.

I see two major benefits: 1) YC would have greater and broader impact since for the same amount of seed would be possible to found 12-15 more companies that are ready to move from the idea to execution stage.

2) (this touches me personally) For non US founders, we have to worry about rent, food etc. I believe that if founders had the oportunity to fully focus on their startups for 3 months without a daily job, it would have tremendous impact for the early startups, and as a nice side effect YC could have another pool of really good candidates/ideas. At the end of the 3 months the founders would have had a chance to demonstrate themselves, their execution level, etc., at a very low cost.

I truly believe the ROI on something like this would be considerable.

I know that capital is not the only (and arguably not even the most important) advantage of been admitted to YC, but personally speaking, if I had this option 3 years ago I'd have pursued it no questions asked. I feel that there might be other founders that would be in the same boat.

Do you have any thoughts on this? Thanks! Carlos.




This is the entire point of the YC Fellowships, and their plan for that is to scale it to an order of magnitude plus beyond normal YC. They're doing a trial run this year of YCF, and it sounds like that's going well.





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