YC demo day valuation tensions, how VCs can find gems, Substack's performance & more | E1716

Jason breaks down the valuation tension surrounding YC demo days (2:36), how to get better prices on YC-equivalent startups (8:59), Garry Tan's response to complaints (15:18), and more! Then, Jason reacts to a law firm's leaked expectations list that went viral (29:29) before wrapping with some thoughts about Substack (41:59). (0:00) Jason tees up Friday's topics! (2:36) Understanding the valuation tension of YC's demo day; why some investors resent YC (8:59) Jason's three ways to avoid overpaying for YC startups (13:56) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist (15:18) Garry Tan's response to demo day valuation complaints; Harry Stebbings and Garry Tan's back and forth on valuations/expectations (24:07) Linode - Apply to Linode's Rise program for a $500 credit and up to six figures in discounts at https://linode.com/twist (25:34) How startups that got accepted into YC can cold email top VCs to raise pre-demo day (29:29) Jason reacts to a law firm's leaked expectations list that went viral (36:13) QuickNode - Get one month free by using code TWIST at https://go.quicknode.com/twist (37:25) Reactions to the viral expectations list (41:59) Substack publishes 2021 gross revenue, net loss, and cash on hand and Jason breaks down the company's position Email your pitch deck to yc@launch.co if you were rejected by YC and want to meet with the LAUNCH team! Subscribe to our YouTube to watch all full episodes: https://www.youtube.com/channel/UCkkhmBWfS7pILYIk0izkc3A?sub_confirmation=1