Hi - my friend and I are hosting a virtual dinner over a web cam where we exchange fun stories from around the world. We would love for you to join us!
Please fill out the quick Google Doc and we'll invite you. Love to hear what you think! Not commercial or anything, just something fun we've wanted to try.
Uber, Senior Software Engineer, leading initiatives for International Growth, India, etc. Position could be in SF or India. Lots of high impact projects figuring out growth for emerging markets - making it easy for Riders and Drivers.
I agree - It really feels like YC is now geared towards more later stage companies. Companies that are in the growth phase vs. finding product market fit. Also you have to be full time on your idea in order to be taken seriously.
Got it. Thanks! How did you think about the standard terms - 7% of your company for 120k. Seems like you would've had a higher valuation already, so 7% would have been costly. Feel free to not reply, I understand if you can't disclose terms.
Reading through your YC application, you were already so successful ($1M in rev, 60% growth rate, 1M users), did you ever have second thoughts about going through YC? If you had not gotten in, what would you have done otherwise?
What basis do you use to get the discount rate of a SaaS company? This seems fairly arbitrary and is a key part to valuing a company