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The latest blog posts to take off on Hacker News. 122 posts.

Startups
2017
98

Convertible and SAFE notes

Angel/seed rounds used to be done via priced equity securities, either common or preferred. Then, starting about ten years ago, we started to see convertible debt being used in the angel and seed rounds. By 2010 this was the norm and Paul Graham tweeted this in Aug 2010: Convertible notes have won. Every investment so…

100

Startup School – YC’s Online Class

[https://ycombinator.wpengine.com/wp-content/uploads/2017/03/SSYC_Logo.png] We’re excited to announce our new online Startup School, with classes beginning on April 5. Anyone can sign up at StartupSchool.org [http://startupschool.org/] for the 10-week massively open online course (MOOC), starting today. We want to…

101

Dilution

There has probably been more capital looking to invest in private technology companies in the past five years than any five-year period before. An obvious consequence of this increased supply is that company valuations (i.e. prices) have gone up, and so has the amount of capital raised by most companies. A non-obvious…

109

Recommend a Founder for YC

Our goal at Y Combinator is to support as many great founders as possible, and we know that great founders can come from anywhere — any city, school, country or background. Companies in the Summer 2016 batch came from 16 countries and over 180 schools. We want founders everywhere to know that YC is an option for them…

110

Fundraising Rounds Are Not Milestones

When meeting with founders for the first time I sometimes hear, “We’re a Series A company.” Meanwhile, YC alumni I talk to tell me that their angel investors regularly ask them, “When are you going to raise a Series A?”. I’d like to make the point that success isn’t the same as raising a round of financing. Quite the…

113

Navigating Mid-Success

When you start a startup, you get pushed off the side of a cliff with a bag of aerospace parts.1 You hope they are the parts for a spaceship, and they look like they might be, but it’s impossible to tell when they’re all in a bag. So you start figuring out how the parts fit together as you fall. Every once in a while…

120

Office Hours with Sam Altman [video]

Sam Altman and Craig Cannon go through questions submitted on Hacker News [https://news.ycombinator.com/item?id=13338805]. To submit a question for Office Hours, send an email to Macro@YCombinator.com [macro@ycombinator.com] with a few sentences of context (e.g. what your company does) and your question…