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In a city that plays it safe, incubator has a tough job
- bprater 18y agoBetter title might be nice: "PG Video Interview" or something....
- tptacek 18y agoIn this article, Graham says "about 85 percent of the companies eventually receive further funding". Elsewhere, on this message board, he has put the number closer to 1 in 8. In 5 minutes of Google searching, the best I came up with was: http://news.ycombinator.com/item?id=145760 http://news.ycombinator.com/item?id=145760 Which says (non-authoritatively, and in paraphrase) "50% of the minority of companies that we fund that want VC score it". I'm sure there's a semantic thing going on here that reconciles these figures, but I'm wondering what it is.
- cperciva 18y agoI'm sure there's a semantic thing going on here that reconciles these figures, but I'm wondering what it is. "receive further funding" != "get VC". Most YC companies get their further funding from sources other than VCs -- as pg points out in the comment you linked to, most of them go with angels.
- tptacek 18y agoYou're probably right, but an angel offers a 6-12 month runway, and YC has a longer track record than that. Graham gave a more definitive answer on the number of YC investments that had taken A rounds, but I haven't been able to find it. I'm not disagreeing, I'm just curious.
- davidw 18y agoMore random hints about Tsumobi without any meat. Argh:-)
- josefresco 18y agoWhy does Azuki need funding when the guys behind it are worth 'hundreds of millions' of dollars? They should be running funds themselves.