Why not rent it out as a coworking space to startups in Cambridge?
You could even extend the YC model a bit and rent it out cheap in exchange for some equity
You could even extend the YC model a bit and rent it out cheap in exchange for some equity
That's in addition to the fact that YC was never really a coworking program itself; one of the distinctions Graham drew between YC and "incubators" (remember those?) was that YC companies had to find their own working space.
Also: who gives away equity for office space? Don't do that.
I was thinking more along the lines of diversifying income while keeping what is a great piece of real estate. If there is enough demand, it could even warrant hiring a part time real estate manager, so that precious time is not diverted.
> That's in addition to the fact that YC was never really a coworking program itself;
Exactly. Again, diversification in to a new area.
> Also: who gives away equity for office space? Don't do that.
I would personally never do it, but I was just throwing it out there as another option.