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Why seed camps like Y Combinator haven't produced any startup with $100M+ exit?
- vannevar 16y agoI suspect the main reason is the obvious one: such startups are extremely rare, and there have been only a few hundred or few thousand seed-funded startups. If you compulsively read Techcrunch or HN you'll get a skewed view of the startup world and conclude that such exits are much, much more common than they really are. The vast majority get acquired for $10M or less.
- tzm 16y agoThey did. "Salesforce Buys Heroku (YC W08) For $212 Million In Cash" http://techcrunch.com/2010/12/08/breaking-salesforce-buys-heroku-for-212-million-in-cash/ http://techcrunch.com/2010/12/08/breaking-salesforce-buys-he...
- zoudini 16y agoHey tzm, wanted to contact you about something. Could you drop me a line at my e-mail (zaki.rahaman@gmail.com)