“When you're in an auction, you get to do things like name…” — Y Combinator Startup Podcast at 15:29
“When you're in an auction, you get to do things like name your own price. Like YC companies say to investors, we're raising this much money at this price. Are you in or are you not in? That's a foreign language to people who've like, most people have raised around. Oh, we need to lead to prices. It's completely…”
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