Ask HN: Does YC ask for option pool and pro-rata rights for their standard deal?
2 points| foreign-inc | 7 years ago
I am looking to apply to YC this week. I am afraid that my current offer might not wait until I hear anything from the YC application process. So, choices for me are take the money now or wait for YC application process and probably get nothing. One thing I would like to know if any YC founder is reading this post, does YC also ask for option pool creation and pro-rata rights for their standard deal(7% for 150K)?
snowmaker|7 years ago
We do get pro rata rights, but we don't care about the option pool.