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Vishu Bheda

ย โ€ขย 

Medialย โ€ขย 1y

๐—›๐—ฒ ๐—น๐—ฎ๐˜‚๐—ป๐—ฐ๐—ต๐—ฒ๐—ฑ ๐Ÿฎ๐Ÿฌ ๐—ณ๐—ฎ๐—ถ๐—น๐—ฒ๐—ฑ ๐˜€๐˜๐—ฎ๐—ฟ๐˜๐˜‚๐—ฝ๐˜€ ๐—ถ๐—ป ๐Ÿณ๐Ÿฏ๐Ÿฌ ๐—ฑ๐—ฎ๐˜†๐˜€. Then, staring at his empty fridge, he got a ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง-๐๐จ๐ฅ๐ฅ๐š๐ซ ๐ข๐๐ž๐š. The problem? He missed the ๐˜ ๐‚๐จ๐ฆ๐›๐ข๐ง๐š๐ญ๐จ๐ซ deadline and needed funding FAST.

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Havish Gupta

Figuring Outย โ€ขย 1y

Isn't YC's investment terms same for all ie standard of $500K in all startups? So how he he raise $2.3Mln? Anyways great story! He failed 20 times and still didn't give up! that's crazy

Vishu Bheda

ย โ€ขย 

Medialย โ€ขย 1y

YCโ€™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.

Havish Gupta

Figuring Outย โ€ขย 1y

Ohh understood. Thanks

Reply
1

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