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𝗛𝗲 𝗹𝗮𝘂𝗻𝗰𝗵𝗲𝗱 𝟮𝟬 𝗳𝗮𝗶𝗹𝗲𝗱 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗶𝗻 𝟳𝟯𝟬 𝗱𝗮𝘆𝘀. Then, staring at his empty fridge, he got a 𝐛𝐢𝐥𝐥𝐢𝐨𝐧-𝐝𝐨𝐥𝐥𝐚𝐫 𝐢𝐝𝐞𝐚. The problem? He missed the 𝐘 𝐂𝐨𝐦𝐛𝐢𝐧𝐚𝐭𝐨𝐫 deadline and needed funding FAST.

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Vishu Bheda

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Medial • 14d

YC’s standard investment terms today are $500K, but back in 2012, they invested smaller amounts (around $120K). The rest of the $2.3M came from other investors after YC helped Instacart gain traction.

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