We need to add another 100 ghost founders to account for the extra $5,000, so that makes it: ~350 founders x $5,000/founder = ~$1.75 million invested, so far.
Y Combinator has (I personally believe, but do not necessarily know to be true) additionally sunk capital investment into:
* Beans and rice
* A building and associated land in Boston
* A building and associated land in Mountain View
* Utility bills
* Travel expenses
* Legal fees (including 102 incorporation-fee packages)
* Accounting fees
* Misc.
We need to add another 100 ghost founders to account for the extra $5,000, so that makes it: ~350 founders x $5,000/founder = ~$1.75 million invested, so far.
Y Combinator has (I personally believe, but do not necessarily know to be true) additionally sunk capital investment into: