%C3%90oan9919
New member
I got into Antler Residency in NYC recently and still waiting to hear from YC. Although YC is a no-brainer as network and learnings are game-changer. I want your opinions on the fundraise part -
YC invests $125k for 7% and then invests $375k as MFN. Most founders after YC raise at $15m post-money so say for a $1m round, total dilution is ~13%.
For Antler, they invest $250k for 9% and then $250k as MFN. A lot of alum raises at $10-12m post-money so for a $1m round, total dilution is ~15.5%.
This seems comparable - am I missing something here? Leaving network and learnings out of equation, should I go for Antler if I don’t get into YC or try to built it all by myself and raise from external investors a few months later at 12-15% dilution anyways?
YC invests $125k for 7% and then invests $375k as MFN. Most founders after YC raise at $15m post-money so say for a $1m round, total dilution is ~13%.
For Antler, they invest $250k for 9% and then $250k as MFN. A lot of alum raises at $10-12m post-money so for a $1m round, total dilution is ~15.5%.
This seems comparable - am I missing something here? Leaving network and learnings out of equation, should I go for Antler if I don’t get into YC or try to built it all by myself and raise from external investors a few months later at 12-15% dilution anyways?