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i don't mean to be a dick but citing airbnb and facebook seems like bad taste. those companies are massive outliers with billion+ dollar valuations. nowhere nea
by debt 10y ago
i don't mean to be a dick but citing airbnb and facebook seems like bad taste. those companies are massive outliers with billion+ dollar valuations. nowhere near your average ycom startup.
i think i'd be smarter to cite maybe smaller companies that exited in the million/100,000 dollar range. seems more accurate.
i understand that ycom wants the people they're funding to focus on ideas that generate billions as that's ultimately advantageous for ycom, but, realistically, most of these companies will putter out or exit in the low millions, which is still cool as hell too!
doesn't seem to make much sense for anyone to constantly cite huge outliers like googs or fb or salesforce etc. when there's plenty of dope ass smaller ycom companies that probably did exactly what sam is talking about: build high quality, fun, exciting, engaging products.
- brlewis 10y agoFriendFeed focused on being loved more than growing users and had a $50MM exit.