American startup accelerator Y Combinator on Monday, January 10, 2021 announced that it has updated its standard deal for investing in startups, bumping the investment sum from $125,000 to $500,000—still investing $125,000 for a 7% equity stake but now with an additional $375,000 on an uncapped SAFE with Most Favored Nation (MFN) terms.  Considering that in its 17 years … Continue reading What YCombinator’s New $500,000 Deal Means For African Startups