YC doesn’t care about the long term value of the companies it invest in. All VC companies want to extract the maximum value out of the company before they get sold to the bigger fool - either acquisitions or an IPO.
That's not the thesis I'm arguing with. You were talking about relationship with employees. Now you're talking about relationship with later stage investors. I am not a later stage investor, I have no knowledge about and no horse in this race.
If you took equity in the company in lieu of your market value, you are an investor. Since you probably would also have a lock up period, you would suffer losses.
https://medium.com/@kazeemibrahim18/the-post-ipo-performance...
YC doesn’t care about the long term value of the companies it invest in. All VC companies want to extract the maximum value out of the company before they get sold to the bigger fool - either acquisitions or an IPO.