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What percentage are actually profitable? Don't get me wrong the 74% is impressive, but I'd expect a large percentage of YC projects to get additional funding.
by mikeryan 16y ago
What percentage are actually profitable?
Don't get me wrong the 74% is impressive, but I'd expect a large percentage of YC projects to get additional funding. They've already cleared a bunch of hurdles and have a strong team backing them.
- axod 16y agoIt'd also be interesting to see what % are profitable out of all YC companies. I saw this on another thread http://spreadsheets0.google.com/ccc?key=t_toYuVyy6fci0MAiIaZ30A&hl=en http://spreadsheets0.google.com/ccc?key=t_toYuVyy6fci0MAiIaZ... which shows exits, but it'd be kinda interesting to hear if any of the non-exits are raking in cash. (I know, I know, they're unlikely to tell us really).
- pg 16y agoI don't have accurate data for YC startups overall, though you can assume that any that haven't raised series A and are more than a year or two old are profitable, since otherwise they wouldn't have been able to continue working on the startup. There are a few that are making really large amounts of money, but I know they wouldn't like it if I outed them.
- pg 16y ago7 out of 27, so 26%. Bear in mind that at this stage most that are profitable are only barely so.