3 ms·
Yes, but it's only for companies that get series A rounds from good (= top 50) VC funds. There is a huge mass of lame VC funds below that whose returns are neg
by pg 17y ago
Yes, but it's only for companies that get series A rounds from good (= top 50) VC funds. There is a huge mass of lame VC funds below that whose returns are negative. But since we don't intro YC startups to bad VCs, it seemed reasonable to use norms from the good ones.
- netcan 17y agoThat is a lot higher then I would have expected. Does this mean that top VC funds are making insane returns (>50%)?
- pg 17y agoFrom what I'm told, a good VC fund will roughly triple over the life of the fund (~ 10 years).
- cperciva 17y agoSo is YC doing better or worse than a good VC fund?
- pg 17y agoWe're projected to generate a better return on money invested, but we invest much less money, so we're not likely to end up as rich as partners at a successful VC fund.
- deleted 17y ago[deleted]
- cperciva 17y agoYeah, it was return-on-investment that I was wondering about, not total return. Good to know that after all the work you put into running YC, you're earning slightly more than minimum wage. :-)
- deleted 17y ago[deleted]