Hacker News Reader

I think Smirnoff was saying the YC gets you $150k cash, because of Yuri Milner + SV Angel's blanket convertible note to all YC companies.

View on HN

Sorry about that. I was originally referring to MassChallenge's program in my comment and trying to point out that $50k free and clear doesn't make it better (as in better than YC taking an equity position).

Reply on news.ycombinator.com