Friedman: YC Demo Day Has 500 Seats for 5,000 Interested Investors
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 8:27
Jared Friedman, Partner at Y Combinator, discusses the physical venue capacity and high investor demand for YC's in-person Demo Day events.
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“We only have about 500 physical seats in the auditorium, and we have demand for 10 times that many.”
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“We have enough data now from Y Combinator over, over the last 11 years to know that if you simply invested randomly in Demo Day companies, You would actually make money over time.”
Friedman: 98% of YC Startups Are Still Fundraising at Demo Day
“Today, a hundred companies will present at demo day, and probably only two or three of them will be done fundraising before. So, 98% of them are still fundraising at demo day and are open to investment for many qualified investors.”
Friedman: Startups Raising Before Demo Day Perform No Better on Average
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