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This advice is obviously correct, but it is kind of like stating that you're never too rich to apply to Harvard.

What I mean is that obviously YC is a structured program that is very, very well-connected, and unlocks vast, unlimited potential for any company. Anyone given this opportunity gets huge benefits from it, even the people - companies - who are starting with the most advantages.

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Yes, but there is still a cost to doing YC--7% is a lot for many founders to stomach, especially if you already have some traction and have already raised. Not to mention it's much harder to move a full team of 8 people to California than a small team of 2-3 founders.

Companies in that position, like we were, often ask if it's worth it. I wrote this article to answer that question: Yes, it's still worth it.

I rather think you miss my point. For every company at your stage who thinks it might be a bad round, ten are dying to get in - there are few to no ways to make as large and fast connections. I suppose it depends on company's long-term plans.

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