Y Combinator founders raising less money signals a ‘vibe shift,’ VC says
There has been a 'vibe shift' from and of the founders in Y Combinator's current batch - people want to achieve their dreams with as little VC as possible. This wasn't due to a lack of interest by VCs - the round was oversubscribed. It's becoming more common for YC startups to raise less capital than was offered to them by investors. Raising less means founders maintain a larger ownership stake in their companies, giving themselves more ongoing business and exit options.