YC Series A Program Investor Access

YC Series A Program Investor Access(blog.ycombinator.com)

87 points by katm 7 years ago | 8 comments

Ugh - only deep pocketed individuals or investment funds can apply. For a second thought they had opened it up FundersClub/Wefunder style where any random person could take part. (Or at least accredited investor)

akharris 7 years ago | |

The goal here is to reach investors that can lead series As. Doing that requires a fair amount of capital given that:

a) the average A last year was $8m and b) the lead is expected to write a check for the majority of the round.

I think that seed rounds are generally a better fit for the types of funds you mentioned. It's possible that these funds will develop over time to be able to lead As. I look forward to that happening and having them participate in YCA.

soneca 7 years ago | | |

Out of curiosity: on a $8m round, how much is expected for the lead to invest?

I would guess ~$2m, but you gave the impression that it would be more about $5m.

pazimzadeh 7 years ago | | |

>the lead is expected to write a check for the majority of the round

Is that true?

In the sample numbers given in the form [https://docs.google.com/forms/d/e/1FAIpQLSeT0G1nuYWUn71cV36o...], the lead doesn't have the majority:

Yappy, Total: $20M, Our check: $8M, Yes