TinySeed, an accelerator for bootstrapped companies, opened their application process and released terms today. https://tinyseed.com The deal is pretty compelling, and the reasoning behind it is unusually public about why investor math looks like it does. See the FAQ.
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Replying to @patio11
Aren’t those terms just “slightly more expensive than YC and you also owe us dividends if you pay them?”
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Replying to @nateberkopec
Yes, but most people who take their offer won’t have had YC’s available due to business market size and founder’s desired trajectory reasons. They’ll happily fund you if you’re in Iowa and aspire to build a 7 figure business. YC (mostly) won’t.
11:50 AM - 18 Jan 2019
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