2 ms·
Our stock in the startups we've funded is worth a lot on paper. I've never tried to calculate how much. But I wouldn't be surprised if e.g. the Dropbox stock
by pg 16y ago
Our stock in the startups we've funded is worth a lot on paper. I've never tried to calculate how much. But I wouldn't be surprised if e.g. the Dropbox stock alone is worth more than we've invested to date.
The reason we raised money is that we've only been doing YC for 5 years (during the first of which we only funded 8 companies), and big exits usually take longer than that.
- mattmanser 16y agoFunding being one of the terrors I'm trying to avoid I have little knowledge in the field, good to hear you're doing so well! Sounds like you're right and more people should be following this model, and will lose out if they don't!
- ivankirigin 16y agoIf you got a huge return from an early investment would you decline to raise another round and continue with your own funds?