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That should keep YC going practically indefinitely :). Assuming the data at http://spreadsheets.google.com/ccc?key=0AkkhSN3vaY4jdF90b1l1Vnl5NmZjaTBNQWlJYVozMEE
by bkrausz 16y ago
That should keep YC going practically indefinitely :).
Assuming the data at http://spreadsheets.google.com/ccc?key=0AkkhSN3vaY4jdF90b1l1Vnl5NmZjaTBNQWlJYVozMEE&hl=en http://spreadsheets.google.com/ccc?key=0AkkhSN3vaY4jdF90b1l1... is complete. And assuming a $17k investment for 6% from all the companies who have exited (I know, big assumptions):
207 investments @ $17k is $3.5m
13 exits @ $69m total is $4.1m for YC
That means that YC is probably close to breaking even already, plus they have all their equity in a ton of successful companies that haven't exited yet.
I don't know much about investing, but at this rate $8.25m should keep them going for quite some time.
- deleted 16y ago[deleted]
- joshu 16y agoFunds don't generally work that way. They return the investment to the investors. When the money is done they raise a new fund. (This isn't absolute. There are evergreen funds that have the returns go back into the fund.)
- jedc 16y agoI'm the guy who maintains that spreadsheet, and do try to keep it up to date. But my huge disclaimer is that the exits are _my_ guesses only, and are likely wildly off the mark. But I keep it since I think my errors potentially cancel themselves out in aggregate, and it's useful to estimate the financial return YC has had thus far.