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Interesting that you would call it the most successful, given that the general consensus on tech blogs (whatever that's worth) is that it was a talent acquisiti

Interesting that you would call it the most successful, given that the general consensus on tech blogs (whatever that's worth) is that it was a talent acquisition/distress sale. I think the founder's statement came across as an unhappy ending (not what he envisioned, but that could have just been the way I read into it). It was a pretty cool interface for a photo site but unfortunately the most memorable thing I knew about the company was the drama with that teen from techcrunch trying to have the Divvyshot founder buy him a Mac to get favorable coverage on Techcrunch.com I'm about to start work as a new employee at a YC alumni, hopefully we'll do better!

_delirium 16y ago
Well, as an investment, that's somewhere around a 50-100x exit for YC, if their investment in it was roughly along the same lines as the terms they currently offer. And the founders didn't do too badly either, walking away with $millions. I mean, they sold for more than Reddit!
- jacquesm 16y ago
  That figure has not been verified.
- medianama 16y ago
  How do you know?
  - _delirium 16y ago
    Just computed from the reported $20m exit, and the typical investment sizes / equity proportion that YC typically does. (I have no particular knowledge of whether the $20m figure is accurate or not.)