I hope this is not TechStars because I really like their operation as a viable alternative to ycom from what I've seen and read. Exploding term sheets seems pretty short-sighted, and not something anyone should do if they are embodying the motto of "helping young entrepreneurs". If a "mentor" is going to use force tactics, they've lost my respect and I certainly have no interest in giving them 5pts for a lousy 20k. Rather just sell my car and bike all summer than deal with that type of investor.
I think this applies to most people (at least for me), ycom is a #1 choice for two reasons: 1) Huge respect for PG for his knowledge generosity and true leadership qualities 2) ycom's presence and relationships in the media.
So my personal note to yclones: figure out YOUR value add so people want to come to you. Force is not the answer, it's shows weakness in your operation.
I think this applies to most people (at least for me), ycom is a #1 choice for two reasons: 1) Huge respect for PG for his knowledge generosity and true leadership qualities 2) ycom's presence and relationships in the media.
So my personal note to yclones: figure out YOUR value add so people want to come to you. Force is not the answer, it's shows weakness in your operation.