$120K in return for 7% of &quot;an idea&quot; with a 90%+ failure rate outside of the YC trajectory seems like a pretty good deal to me.<p>I wouldn&#x27;t sell 7% of whatever I&#x27;m doing to YC either because I (1) don&#x27;t fit their profile and (2) am much too conservative to go for VC (the whole &#x27;go big or go home&#x27; thing does not appeal to me) but if I were doing high risk high growth start-up(s) then I would <i>definitely</i> come knocking on their door.