> "By the end of the second week, we had our first lead investment offer"<p>My concern with YC is that it doesn’t give you time to build relationships and determine who is actually a good investor to work with. How do YC startups go about this? Since you're giving up a board seat, you're stuck with them for a long time. This whole two-week timeline feels very rushed.
> The moment we let firms know that we had a lead investment offer, our conversion rate with them went from near-zero to over 80%.<p>This is mind blowing and not surprising at the same time.