I could have missed something, but I don't think the YC terms are known until pe... | Hacker News

Hacker News new | past | comments | ask | show | jobs | submit

login

wheels on April 3, 2009 | parent | context | favorite | on: (More Explicit) Advice to Summer Applicants

I could have missed something, but I don't think the YC terms are known until people get invited for interviews. The angel documents that YC uses are public, but I don't think the YC terms are. So, I don't believe teams at this point that are dealing with exploding termsheets do know the (potential) YC terms.

pg on April 3, 2009 [–]

When we invite groups to interviews, we also give them a link to a page with all the documents, so they can have a lawyer look at them if they want.

I believe our terms are actually more founder-friendly than the series AA terms. We had to make the series AA terms neutral lest investors balk.

Consider applying for YC's Spring batch! Applications are open till Feb 11.
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact