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I’ve never understood the notion that YC is a good deal on the seed. Traditional series a VC, which I did, was far more capital for the same eventual percentage. You’re going to do a venture round. If 125k or whatever is significant to you, I guess it makes sense.

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Series A today requires minimum $1m/year in ARR.

That's far beyond what YC companies are able to achieve in a few months.

So they are raising at a Seed level which YC companies get a good deal on because YC is effectively running their fundraising for them e.g. Demo Day, vetted investors, optimised process etc.

Series A does not require $1M/year. That's just for low-tier stuff.

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