Not exactly the same...

> YC invests $500,000 in every company on standard terms. Our $500K investment is made on 2 separate safes:

> We invest $125,000 on a post-money safe in return for 7% of your company (the "$125k safe")

> We invest $375,000 on an uncapped safe with a Most Favored Nation ("MFN") provision (the "MFN safe")

So YC values the company at $1.8 million. I don't think that's so different.