3 ms·

I'd like to know who the first company that YC wanted to invest in was - whether or not they were able to and if it worked out (in case it's a company we don't

by icey 17y ago

I'd like to know who the first company that YC wanted to invest in was - whether or not they were able to and if it worked out (in case it's a company we don't know the name of). I'd also like to know if there are parallels in running an venture firm to running a startup. Does it take the same kind of guts? Do you get discouraged from a lot of failures? etc

pg 17y ago
There were 8 simultaneously in the first cycle. Some definitely worked out: Reddit (which was a merger of 2 from that batch), Loopt, Textpayme (the first YC funded startup to be acquired), and Kiko (which was not itself a big success, but afterward the founders started Justin.TV).