Michael Seibel explains why fundraising works differently in Silicon Valley than everywhere else: risk appetite, check-writing speed, and what that means for founders elsewhere.
Helps non-SV founders calibrate advice that implicitly assumes valley norms.
This video was created by Y Combinator and features Michael Seibel. We summarize and link with attribution; all rights belong to the creator.
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14 min
Dalton and Michael debate when a startup should bootstrap versus raise venture capital, including honest talk about which businesses are venture-shaped at all.
Dalton and Michael respond to criticisms of Y Combinator and explain how YC actually affects fundraising outcomes, including honest discussion of demo day dynamics.
Dalton Caldwell and Michael Seibel at TechCrunch on YC do's and don'ts, including how founders should think about applying, demo day, and post-batch fundraising.