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I'm definitely not ignoring the fact that YC has invested in startups 'worth $80B'. However - my last statement is correct. Most YC businesses will NOT IPO, n

I'm definitely not ignoring the fact that YC has invested in startups 'worth $80B'. However - my last statement is correct. Most YC businesses will NOT IPO, not even close. Most of the 'success stories' from YC will come from acquisitions, you can hardly deny this. Sure - most of the valuation may derive from YC businesses that (eventually) do an IPO, but they are very small in number, so I think it would be disingenuous to use an $80B valuation, which is derived from a tiny number of companies (mostly one: AirBnB) - to describe 'successful YC companies'. Also, to be fair, as far as I am aware, in the entire history of YC, none of their companies have done an IPO. So, there's that.

icebraining 10y ago
Sure - most of the valuation may derive from YC businesses that (eventually) do an IPO, but they are very small in number, so I think it would be disingenuous to use an $80B valuation, which is derived from a tiny number of companies (mostly one: AirBnB) - to describe 'successful YC companies'. ..isn't that the whole point of venture capital? Investing in a bunch of companies with high risk but high potential of return and having a tiny number of successes pay for the losses?