Founders spend the money in any way they choose. Its stated on the site. | Hacker News

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		Lordarminius on March 17, 2017 \| parent \| context \| favorite \| on: Michael Seibel, CEO of YC, is doing an AMA Founders spend the money in any way they choose. Its stated on the site.

bsvalley on March 17, 2017 [–]

Is it allocated on day one? Full amount? Or gradually throughout the 3 month batch?

tyre on March 17, 2017 | [–]

All at once. Timing of the payment is based on how long it takes to fill out the paperwork, which is highly variable based on company structure, maturity, organization, etc.

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