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Will DropBox be the first (/only) YC company to go public? I can't remember any others going public ever, can someone correct me on this? Seems weird that, des
by T2_t2 10y ago
Will DropBox be the first (/only) YC company to go public?
I can't remember any others going public ever, can someone correct me on this? Seems weird that, despite being so successful, no YC companies have IPOed before. Seems almost improbable, but I can't find evidence of any going public.
- dharmon 10y agoThere have been no IPOs. The largest acquisition was Cruise, then Heroku, then OMGPop, then Parse. The fall-off of acq prices is pretty steep, but given that they put up hardly any money ($17k early on, now $120k) the returns are insane. When you look at annualized returns, they actually demolish avg. VC returns just from the number of companies that flip in 1-2 years for $10MM (or more). Their biggest hurdle is scale (in terms of putting a lot of money to work).
- jd007 10y agodont forget twitch, second largest after cruise i think