3 ms·
I'm not sure YC made money out of this one, certainly not by angel standards. Angels invest with the aim of a 10x exit, because that's what they need from the s
by ig1 16y ago
I'm not sure YC made money out of this one, certainly not by angel standards. Angels invest with the aim of a 10x exit, because that's what they need from the successes to cover the cost of the failures (probably less in YC's case as they have a lower failure rate).
15k at 6% is a 250k valuation, Infochimps just took 1.2 million of investment themselves, so it's questionable whether they got a 1x multiple, a 4x+ multiple is out of the question. Infochimps don't have that kind of money.