New ask Hacker News story: Ask HN: What happens to YC standard MFN when there is no round?

Ask HN: What happens to YC standard MFN when there is no round?
2 by startupnoob2022 | 0 comments on Hacker News.
As my name says, I am a startup noob and never founded. According to https://ift.tt/gVdMyGo, YC invests a 375k$ chunk as a Most Favored Notion provision. Let’s say the following is the situation: - I can convince YC to accept me in a batch - …and that even though my idea is in a draft state, without customers - My idea will possibly make a huge revenue (not billions, but it will be a great business still) - I only need the initial 500k$ to build that great business as a single founder - I do not want a follow-up investment round - The business will continue operation and won’t shut down Two questions: 1. Do I need to pay back the 375k$ if there will never be another round? 2. Would it be illegal/breaking any contracts if I knowingly receive money from YC with the intention to never collect any additional investor money? Side note: I understand it’s highly unlikely YC will ever invest into such a startup because it’s not a real VC case but for the sake of it, let’s imagine they would. Thank you!