Friedman: Targeting Only Top-Tier VCs Is Suboptimal for YC Founders
Jared Friedman · 20VC: How Investors Can Get Into The Best Y Combinator Startups & How YC Startups Should Choose The Right Investors with Jared Friedman, Partner @ YC · Mar 29, 2017 · at 16:27
Jared Friedman, Partner at Y Combinator, explains why YC advises founders against exclusively booking investor meetings with top-tier brand-name VC firms.
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“And we found that that is actually suboptimal for them because those firms have a low acceptance rate. And so if you spend all your time meeting with the top five firms and they all pass, then you're sort of stuck.”
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