Pure speculation here: But objectively I think my money was perceived as "dumb money" and YC had a great rep even back then. When you compare the offers the YC money is clearly the best deal and smarter move.
You being up a great point around the potential of "killing" a great company and this is important. I was always sensitive to their position as I'd been there 5 years earlier when I bootstrapped my company. I always…
It's not weird at all. Brian talked to a ton of people over many months. He was raising many months before I met him. And then I came in. I then spent too long negotiating but then we finally worked out a deal end of…
If your emails had anything hurtful, embarrassing, proprietary or damaging to yourself or your company I wouldn't publish them. In this case these emails and documents make ME look like a novice investor and speak…
exactly! I spent three weeks haggling - I should have figures out terms in 24 hours or less or simply given them a check and let it ride into future terms.
See my reply to beambot below. TLDR : my fault not Airbnb As to posting details of the deal I've held off on this for years as I never wanted to hurt them and I don't see any way these early numbers are going to impact…
You guys are missing the point. AirBnB didn't screw me over - this wa any first deal and I screwed around debating stupid points. I was disappointed they didn't do the deal but this whole post is about lessons learned.…
Pure speculation here: But objectively I think my money was perceived as "dumb money" and YC had a great rep even back then. When you compare the offers the YC money is clearly the best deal and smarter move.
You being up a great point around the potential of "killing" a great company and this is important. I was always sensitive to their position as I'd been there 5 years earlier when I bootstrapped my company. I always…
It's not weird at all. Brian talked to a ton of people over many months. He was raising many months before I met him. And then I came in. I then spent too long negotiating but then we finally worked out a deal end of…
If your emails had anything hurtful, embarrassing, proprietary or damaging to yourself or your company I wouldn't publish them. In this case these emails and documents make ME look like a novice investor and speak…
exactly! I spent three weeks haggling - I should have figures out terms in 24 hours or less or simply given them a check and let it ride into future terms.
See my reply to beambot below. TLDR : my fault not Airbnb As to posting details of the deal I've held off on this for years as I never wanted to hurt them and I don't see any way these early numbers are going to impact…
You guys are missing the point. AirBnB didn't screw me over - this wa any first deal and I screwed around debating stupid points. I was disappointed they didn't do the deal but this whole post is about lessons learned.…