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By small exit, I believe the parent is referring to an acquihire with a multi-year earn out for the founders. The point of such exits is to return investor capi
by syedkarim 9y ago
By small exit, I believe the parent is referring to an acquihire with a multi-year earn out for the founders. The point of such exits is to return investor capital.
- justonepost 9y agoThat's better than nothing. I've looked at these numbers before in other places. It's pretty obvious the average quality of either YC advice or founder is declining. I suspect SS (as a feeder) is an answer to this problem. Ok, point made below, possibility is that environment has got more startups in general and more competitive.