Being that you're addressing this question to me, thought I would answer.
YC's value extends FAR beyond the minimal dollar amount it gives each startup. If you really don't get that, you simply haven't been paying attention. SAD.
YC's value extends FAR beyond the minimal dollar amount it gives each startup. If you really don't get that, you simply haven't been paying attention. SAD.
If you read my comment above, you'll see where I said: Yeah, I totally get that YC isn't about the cash.
My point was that YC is worth far more than the cash it invests. But I still don't get why someone who had built a company worth millions and taken millions out of it would go back to the YC model. YC has always struck me as being more for single college-aged founders with no track record than for older, more established entrepreneurs with plenty of money to fund their future startups.
2. Any successful business owner will tell you that the biggest question need answered when entering a new verical is "what is it I don't know that I don't know".
Enter YC at average 6% give, worth every penny!