A good chunk of this information would be useful to non-YC companies as well, I really hope they will open up the bits that do not require physical presence in SV.
All the founding rounds are discrete events. I wonder if there's an opportunity to have a way to do funding in a more continuous way. You can get more people chipping in funding at random points in the life of the company that unlocks over time.
For people who don't read the article and jump straight to the comments: YC is not leading Series A rounds.<p>YC is creating a program to help improve outcomes for portfolio companies that go on to raise a Series A from other VCs.
I had assumed they did this already. As much as we hate to admit it, pitching (or "running a process" — see comments below) is critical to the success of a company and therefore a required skill for founders. And YC seems to be an ideal place to build a collective set of best practices.
> <i>These often-discussed milestones have</i> lead <i>a lot of founders to believe they’re ready to raise when they’re not.</i><p>The word here is <i>led</i>, not its metallic homonym.<p>I do not understand why this mistake appears to be <i>increasing</i> in occurrence over the last few years.