It would make us sloppy about who we accepted. While $20,000 is much smaller tha... | Hacker News

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pg on April 30, 2009 | parent | context | favorite | on: YC Terms are Poor

It would make us sloppy about who we accepted. While $20,000 is much smaller than a series A round, it is still a lot of money. It makes us think hard about who we want to fund. Plus there are some groups that really do need the money. Half at least.

byrneseyeview on April 30, 2009 [–]

Do they need the money in the sense that they don't have $20K in savings, or in the sense that they can't/won't borrow or raise the money in some way?

pg on May 1, 2009 | [–]

At least in the first sense. Hard to say for sure about the second, since they don't need to.

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