8 ms·

This is a big deal: this is by far the biggest acquisition of a YC startup with a female founder/CEO. If you want to get an idea of how formidable Tracy Young

by jl 8y ago

This is a big deal: this is by far the biggest acquisition of a YC startup with a female founder/CEO. If you want to get an idea of how formidable Tracy Young is, watch her talk at the 2015 Female Founders Conference: https://www.youtube.com/watch?v=-pKR212H5vQ https://www.youtube.com/watch?v=-pKR212H5vQ

HorizonXP 8y ago
Absolutely, Tracy and the rest of the founding team are a force. Their YC story was awe inspiring and emotional. Tracy was one of the first people to believe in me, and encourage me to apply to YC. Glad to see this wonderful news for PlanGrid, and hope to see many more big things coming from them now that they’re at AutoDesk!
benatkin 8y ago
I prefer biggest exit, don't want to always assume acquisitions.
Judgmentality 8y ago
> This is a big deal: this is by far the biggest acquisition of a YC startup with a female founder/CEO. I feel I may be ignorant, but doesn't drawing attention to her gender like this only work to diminish her accomplishments? I feel as though she did an amazing job, and siloing it into "best of..." as opposed to letting it stand on its own seems only to lessen the significance of her work. Maybe I am naive and do not appreciate the difficulties of being a woman in tech, or perhaps I am too idealistic to think that we should not acknowledge the tribulations of achieving this as a female...but to me it seems to cheapen it rather than strengthen it. It's drawing attention to her gender rather than the accomplishment itself. I am aware of who I am replying to, and I truly am not trying to sling mud here and I fear I may derail this comment thread when it really should just be a celebration of what Tracy Young has done, but then again if I never ask I'll never learn.
- joering2 8y ago
  > I feel I may be ignorant, but doesn't drawing attention to her gender like this only work to diminish her accomplishments? Please watch the video. Every now and then she mentions her own gender as a very rare-to-find CEO, and clearly use it to her own advantage. I'm not judging whether its good or bad just merely stating the fact.
- DoreenMichele 8y ago
  jl is Jessica Livingston, the only female founder of YC. I, personally, see nothing wrong with her adding this detail. It is insider info on YC alumni that I'm guessing isn't in the article and probably can't be found any other way. She is a reliable source.
- SandersAK 8y ago
  It would be awesome if we lived in a world where VCs, investors, and the tech industry in general just invested in people who deserve it. But we're so far from that world right now (just google vc investment in women-founded cos). I think what JL is bringing up here is important because there is no room for naysayers with this exit. It's a monumental achievement, (for anyone!) but particularly a big F YOU to all the rampant misogny and boys-club culture that persists in tech among investors. I don't speak for women, but I will say as a mostly-white dude, I have never thought "are there even CEOs or founders that look like me?" whereas I have, through the years, heard that many many times from women and POC. What Tracy and her team have done is really fantastic. The fact that she's a woman is important only in that it begins the process of shutting up the old boys club, and (hopefully) a sign of things to come for those people who haven't traditionally been given the benefit of the doubt.
  - jjeaff 8y ago
    It's more than just shutting up the boy's club, and you alluded to it. I think it is important to shed light on the fact that she is a female founder because there are lots of young girls out there that need to see that someone like them, at least in one respect, can achieve something like this.
    - thrrrrrrow 8y ago
      Young girls who need encouragement aren't already reading HN's comment section.
      - deleted 8y ago
        [deleted]
    - jacquesm 8y ago
      And a very welcome story after uBeam & Theranos.
- exodust 8y ago
  Agreed. Ok she's female, great. Round of applause. Now let's talk about the product unless someone else has stuff to say about her gender? She's also a vegetarian. Could it also be the "biggest acquisition of a YC startup with a vegetarian founder"? Arguably an equally valuable observation. It might even be a form of sexism to automatically draw attention to a woman being a woman when she achieves something. Almost patronizing in the way it's delivered as the primary celebratory element before anything else.
- dymk 8y ago
  > I feel I may be ignorant, but doesn't drawing attention to her gender like this only work to diminish her accomplishments? How would it diminish her accomplishments? As a woman founder, the deck was stacked against her, so her accomplishing this makes it even more impressive.
  - Judgmentality 8y ago
    > How would it diminish her accomplishments? You're creating a separate category based on her gender, which is sexist in and of itself. It may have good intentions, but you're treating her different because of her sex. If we believe that genders are equal I'm not sure we should be drawing attention to it as a handicap. And if it is a handicap, which seems to be what you're saying, this only promulgates the status that men are more likely to succeed and I initially read it as discouraging. I guess I just framed it differently than you. You see it as progress towards overcoming the adversity gap of being a woman in tech, whereas I naïvely think we should just treat women as equals. If calling attention to it is a necessary step in overcoming inequality then so be it. I guess the issue is how do we change the playing field so it's no longer a handicap? I have no idea how to solve sexism and I am not trying to incite rage. I am asking questions because I am trying to have a conversation. For those who have responded civilly, thank you. I have some thinking to do.
    - dymk 8y ago
      Recognizing that the deck is stacked against her because of her gender isn't contributing to stacking the deck further against her. It's doing the opposite; it's pointing out an example that women can succeed in the industry. Framing both the reality that the tech industry systematically discriminates against women, and pointing out that fact, as if they're two sides of the same coin makes no sense.
      - Judgmentality 8y ago
        I think you're misunderstanding my perspective. Think of it this way. If I said "Tracy did an amazing job for a woman" would you not read it as disparaging? I am fully aware that was not the intention, but that is how I and I am guessing many other people initially read it (judging by how many people upvoted my comment). If our goal is to challenge people's perspectives (ie women are just as capable as succeeding in the tech industry as men), it's important to understand how they read things so we can communicate effectively. I guess I think of it as fighting sexism with more sexism. We are making a special case to point out her gender, which is pointing out that we don't treat men and women equally in tech. That's sexism, even if it's meant to be good instead of bad. We are trying to solve sexism with more sexism. I guess it may be a necessary step to get to where we want to go, but honestly I'm not convinced it's the right way to get there. To me, simply treating women as equals rather than drawing attention to their gender is the way to go. And we are not treating them equally now, otherwise we wouldn't be mentioning gender. But I could be wrong. Maybe it is a necessary step to get to where we want to go. I am not a woman and do not pretend to understand their perspective. I am currently trying to understand it more by reading the arguments for and against affirmative action, which I believe has many parallels to this discussion. https://www.washingtonpost.com/news/answer-sheet/wp/2017/08/02/actually-we-still-need-affirmative-action-for-african-americans-in-college-admissions-heres-why/?utm_term=.4d5c6092215f https://www.washingtonpost.com/news/answer-sheet/wp/2017/08/... Anyway, I appreciate your replies.
- warp_factor 8y ago
  I fully agree with you. Welcome to the world of identity politics where every achievement must fill a narrative based on you gender//religion//sexual orientation. The worst in all of this is that people pushing this are the ones that want to eradicate racism and sexism, which is a very brave goal but by attracting attention to all those external factors, They only create more racism and sexism.
  - Robin_Message 8y ago
    Oh please. Succeeding despite adversity is worth celebrating. Just because that adversity is entrenched sexism and racism doesn't make it any less adverse. You are right in a way though: there is going to be more visible sexism and racism from some sectors of society (e.g. Trump). This is to be expected as those fights move further towards victory. As Gandhi put it: "First they ignore you, then they laugh at you, then they fight you, then you win." Well done to Tracy Young for this step towards winning.
    - warp_factor 8y ago
      I fully agree that adversity is worth celebrating. I'm therefore 100% congratulating Tracy Young for this achievement. I'm congratulating her on the base that taking a company to this point is really hard. I'm not congratulating her based on her sex or race. It is unfortunate that some sexist and/or racist behavior exist in tech but if you treat people differently and congratulate them based on their race//gender and not on their individuality, you are not doing anything differently than the racists//sexists.
- Gatsky 8y ago
  Recommend you read this for some perspective on the issue. Indra Nooyi’s story opened my eyes a lot: https://www.cnbc.com/2018/10/03/indra-nooyi-shares-a-work-regret-on-her-last-day-as-pepsico-ceo.html https://www.cnbc.com/2018/10/03/indra-nooyi-shares-a-work-re...
- thrrrrrrow 8y ago
  As a female founder, yes, absolutely. This comment makes me so uncomfortable, I will probably close this tab and take a break from HN for a while.
  - dboon 8y ago
    I find it weird that we can't have a dialogue about this. Parent post wasn't inflammatory, and yet by its mere nature it makes you uncomfortable? That is not to say anything of the truth of the post. I happen to disagree with it quite a bit. But people with opposing views (even in issues that seem very cut and dry eg we should celebrate women in tech) should be questioned, not shunned.
avip 8y ago
Wow that talk was just amazing. Instead of your usual success BS, she just stands there and tells her story in a natural voice. Truly inspiring.
xenadu02 8y ago
Can confirm, Tracy is the real deal.
aliston 8y ago
What an incredible and inspiring story... truly the highest highs and the lowest lows. Some take always that really resonated with me: - Life is is short and it isn’t. Don’t waste time working on “trivial bullshit.” - A small “family” can take on a bigger, better funded copycat because the small, nimble team obsesses over the sticks. - Sometimes you’ve gotta just “man up.” I thought it was interesting Tracy used that language, but you can just tell that she doesn’t have time for the bullshit. Be the honey badger. - If you don’t find joy in what you do say to day, you’re doing the wrong thing. Congrats to PlanGrid!
lemiant 8y ago
If I remember right, this is also the second largest YC acquisition of any kind :)
Pristina 8y ago
The implication, of course, if that if the founder had been a male, this would be a less big deal?
fipple 8y ago
It’s also cool that this is a female founder in an industry that is thought of as characteristically male. It’s not like Spanx.
deleted 8y ago
[deleted]
__ethan 8y ago
Amazing job and congratulations! This acquisition votes YES on YC's approach to build user experience, on the fact that the real incumbent exists only in your users's hands. On the other hand, PlanGrid could be worth quite a bit more than this acquisition pays. I don't buy their argument of 100 billion TAM in one of the Medium posts[1], but it surely had greater potential than what is realized in this deal, had it expand into nearby territories. [Ask HN: When people tell founders that you need to convince investor that yours will be a billion dollar company, do they mean a billion dollar in revenue, or a billion in valuation? There's likely an order of magnitude difference here hence I wonder which is the default during a normal conversation without further qualification on the number.] Third, video says it had 10k paying customers in 3 years of launch, while at 12k 4 years later when acquired. Was it saturating the market, or was it fighting considerable churn after raising its B round？ Always amazed by the team's ability to sell the service at this price level, that says how much of a pain PlanGrid is solving. Anyway, job well done! [1] https://medium.com/plangrid-technology/plangrid-answers-daniel-gross-4397fa76d8c3 https://medium.com/plangrid-technology/plangrid-answers-dani...

by jl 8y ago

HorizonXP 8y ago

Absolutely, Tracy and the rest of the founding team are a force. Their YC story was awe inspiring and emotional. Tracy was one of the first people to believe in me, and encourage me to apply to YC. Glad to see this wonderful news for PlanGrid, and hope to see many more big things coming from them now that they’re at AutoDesk!

benatkin 8y ago

I prefer biggest exit, don't want to always assume acquisitions.

Judgmentality 8y ago

> This is a big deal: this is by far the biggest acquisition of a YC startup with a female founder/CEO. I feel I may be ignorant, but doesn't drawing attention to her gender like this only work to diminish her accomplishments? I feel as though she did an amazing job, and siloing it into "best of..." as opposed to letting it stand on its own seems only to lessen the significance of her work. Maybe I am naive and do not appreciate the difficulties of being a woman in tech, or perhaps I am too idealistic to think that we should not acknowledge the tribulations of achieving this as a female...but to me it seems to cheapen it rather than strengthen it. It's drawing attention to her gender rather than the accomplishment itself. I am aware of who I am replying to, and I truly am not trying to sling mud here and I fear I may derail this comment thread when it really should just be a celebration of what Tracy Young has done, but then again if I never ask I'll never learn.

joering2 8y ago
> I feel I may be ignorant, but doesn't drawing attention to her gender like this only work to diminish her accomplishments? Please watch the video. Every now and then she mentions her own gender as a very rare-to-find CEO, and clearly use it to her own advantage. I'm not judging whether its good or bad just merely stating the fact.
DoreenMichele 8y ago
jl is Jessica Livingston, the only female founder of YC. I, personally, see nothing wrong with her adding this detail. It is insider info on YC alumni that I'm guessing isn't in the article and probably can't be found any other way. She is a reliable source.
SandersAK 8y ago
It would be awesome if we lived in a world where VCs, investors, and the tech industry in general just invested in people who deserve it. But we're so far from that world right now (just google vc investment in women-founded cos). I think what JL is bringing up here is important because there is no room for naysayers with this exit. It's a monumental achievement, (for anyone!) but particularly a big F YOU to all the rampant misogny and boys-club culture that persists in tech among investors. I don't speak for women, but I will say as a mostly-white dude, I have never thought "are there even CEOs or founders that look like me?" whereas I have, through the years, heard that many many times from women and POC. What Tracy and her team have done is really fantastic. The fact that she's a woman is important only in that it begins the process of shutting up the old boys club, and (hopefully) a sign of things to come for those people who haven't traditionally been given the benefit of the doubt.
- jjeaff 8y ago
  It's more than just shutting up the boy's club, and you alluded to it. I think it is important to shed light on the fact that she is a female founder because there are lots of young girls out there that need to see that someone like them, at least in one respect, can achieve something like this.
  - thrrrrrrow 8y ago
    Young girls who need encouragement aren't already reading HN's comment section.
    - deleted 8y ago
      [deleted]
  - jacquesm 8y ago
    And a very welcome story after uBeam & Theranos.
exodust 8y ago
Agreed. Ok she's female, great. Round of applause. Now let's talk about the product unless someone else has stuff to say about her gender? She's also a vegetarian. Could it also be the "biggest acquisition of a YC startup with a vegetarian founder"? Arguably an equally valuable observation. It might even be a form of sexism to automatically draw attention to a woman being a woman when she achieves something. Almost patronizing in the way it's delivered as the primary celebratory element before anything else.
dymk 8y ago
> I feel I may be ignorant, but doesn't drawing attention to her gender like this only work to diminish her accomplishments? How would it diminish her accomplishments? As a woman founder, the deck was stacked against her, so her accomplishing this makes it even more impressive.
- Judgmentality 8y ago
  > How would it diminish her accomplishments? You're creating a separate category based on her gender, which is sexist in and of itself. It may have good intentions, but you're treating her different because of her sex. If we believe that genders are equal I'm not sure we should be drawing attention to it as a handicap. And if it is a handicap, which seems to be what you're saying, this only promulgates the status that men are more likely to succeed and I initially read it as discouraging. I guess I just framed it differently than you. You see it as progress towards overcoming the adversity gap of being a woman in tech, whereas I naïvely think we should just treat women as equals. If calling attention to it is a necessary step in overcoming inequality then so be it. I guess the issue is how do we change the playing field so it's no longer a handicap? I have no idea how to solve sexism and I am not trying to incite rage. I am asking questions because I am trying to have a conversation. For those who have responded civilly, thank you. I have some thinking to do.
  - dymk 8y ago
    Recognizing that the deck is stacked against her because of her gender isn't contributing to stacking the deck further against her. It's doing the opposite; it's pointing out an example that women can succeed in the industry. Framing both the reality that the tech industry systematically discriminates against women, and pointing out that fact, as if they're two sides of the same coin makes no sense.
    - Judgmentality 8y ago
      I think you're misunderstanding my perspective. Think of it this way. If I said "Tracy did an amazing job for a woman" would you not read it as disparaging? I am fully aware that was not the intention, but that is how I and I am guessing many other people initially read it (judging by how many people upvoted my comment). If our goal is to challenge people's perspectives (ie women are just as capable as succeeding in the tech industry as men), it's important to understand how they read things so we can communicate effectively. I guess I think of it as fighting sexism with more sexism. We are making a special case to point out her gender, which is pointing out that we don't treat men and women equally in tech. That's sexism, even if it's meant to be good instead of bad. We are trying to solve sexism with more sexism. I guess it may be a necessary step to get to where we want to go, but honestly I'm not convinced it's the right way to get there. To me, simply treating women as equals rather than drawing attention to their gender is the way to go. And we are not treating them equally now, otherwise we wouldn't be mentioning gender. But I could be wrong. Maybe it is a necessary step to get to where we want to go. I am not a woman and do not pretend to understand their perspective. I am currently trying to understand it more by reading the arguments for and against affirmative action, which I believe has many parallels to this discussion. https://www.washingtonpost.com/news/answer-sheet/wp/2017/08/02/actually-we-still-need-affirmative-action-for-african-americans-in-college-admissions-heres-why/?utm_term=.4d5c6092215f https://www.washingtonpost.com/news/answer-sheet/wp/2017/08/... Anyway, I appreciate your replies.
warp_factor 8y ago
I fully agree with you. Welcome to the world of identity politics where every achievement must fill a narrative based on you gender//religion//sexual orientation. The worst in all of this is that people pushing this are the ones that want to eradicate racism and sexism, which is a very brave goal but by attracting attention to all those external factors, They only create more racism and sexism.
- Robin_Message 8y ago
  Oh please. Succeeding despite adversity is worth celebrating. Just because that adversity is entrenched sexism and racism doesn't make it any less adverse. You are right in a way though: there is going to be more visible sexism and racism from some sectors of society (e.g. Trump). This is to be expected as those fights move further towards victory. As Gandhi put it: "First they ignore you, then they laugh at you, then they fight you, then you win." Well done to Tracy Young for this step towards winning.
  - warp_factor 8y ago
    I fully agree that adversity is worth celebrating. I'm therefore 100% congratulating Tracy Young for this achievement. I'm congratulating her on the base that taking a company to this point is really hard. I'm not congratulating her based on her sex or race. It is unfortunate that some sexist and/or racist behavior exist in tech but if you treat people differently and congratulate them based on their race//gender and not on their individuality, you are not doing anything differently than the racists//sexists.
Gatsky 8y ago
Recommend you read this for some perspective on the issue. Indra Nooyi’s story opened my eyes a lot: https://www.cnbc.com/2018/10/03/indra-nooyi-shares-a-work-regret-on-her-last-day-as-pepsico-ceo.html https://www.cnbc.com/2018/10/03/indra-nooyi-shares-a-work-re...
thrrrrrrow 8y ago
As a female founder, yes, absolutely. This comment makes me so uncomfortable, I will probably close this tab and take a break from HN for a while.
- dboon 8y ago
  I find it weird that we can't have a dialogue about this. Parent post wasn't inflammatory, and yet by its mere nature it makes you uncomfortable? That is not to say anything of the truth of the post. I happen to disagree with it quite a bit. But people with opposing views (even in issues that seem very cut and dry eg we should celebrate women in tech) should be questioned, not shunned.

avip 8y ago

Wow that talk was just amazing. Instead of your usual success BS, she just stands there and tells her story in a natural voice. Truly inspiring.

xenadu02 8y ago

Can confirm, Tracy is the real deal.

aliston 8y ago

What an incredible and inspiring story... truly the highest highs and the lowest lows. Some take always that really resonated with me: - Life is is short and it isn’t. Don’t waste time working on “trivial bullshit.” - A small “family” can take on a bigger, better funded copycat because the small, nimble team obsesses over the sticks. - Sometimes you’ve gotta just “man up.” I thought it was interesting Tracy used that language, but you can just tell that she doesn’t have time for the bullshit. Be the honey badger. - If you don’t find joy in what you do say to day, you’re doing the wrong thing. Congrats to PlanGrid!

lemiant 8y ago

If I remember right, this is also the second largest YC acquisition of any kind :)

Pristina 8y ago

The implication, of course, if that if the founder had been a male, this would be a less big deal?

fipple 8y ago

It’s also cool that this is a female founder in an industry that is thought of as characteristically male. It’s not like Spanx.

deleted 8y ago

[deleted]

__ethan 8y ago

Amazing job and congratulations! This acquisition votes YES on YC's approach to build user experience, on the fact that the real incumbent exists only in your users's hands. On the other hand, PlanGrid could be worth quite a bit more than this acquisition pays. I don't buy their argument of 100 billion TAM in one of the Medium posts[1], but it surely had greater potential than what is realized in this deal, had it expand into nearby territories. [Ask HN: When people tell founders that you need to convince investor that yours will be a billion dollar company, do they mean a billion dollar in revenue, or a billion in valuation? There's likely an order of magnitude difference here hence I wonder which is the default during a normal conversation without further qualification on the number.] Third, video says it had 10k paying customers in 3 years of launch, while at 12k 4 years later when acquired. Was it saturating the market, or was it fighting considerable churn after raising its B round？ Always amazed by the team's ability to sell the service at this price level, that says how much of a pain PlanGrid is solving. Anyway, job well done! [1] https://medium.com/plangrid-technology/plangrid-answers-daniel-gross-4397fa76d8c3 https://medium.com/plangrid-technology/plangrid-answers-dani...