4 ms·

Congrats to YC and all of the startups. Sadly, I can already hear the chants of "Bubble!".

robryan 16y ago
Not really, I think most of here would assume YC would in the next few years produce a solid return. Here your basically aligning youself to YC's performance instead of trying to pick which ones you think will turn out the best. Although sounds like they are still doing that additionally.
- deleted 16y ago
  [deleted]
- daniel_levine 16y ago
  absolutely not. YC is getting their percentage at valuations of around 200-300k. This investment will convert at valuations closer to 5M these days. So in fact they're effectively paying 10x what YC is paying for about the same stake in a company post the financing. Congrats to YC and time will tell if it works, exciting either way.
- ebaysucks 16y ago
  Performance is only the nominator of what defines return. The denominator is the investment valuation, which is significantly different for YC and DST.
peteforde 16y ago
There's only two types of people in the world: people who chant things and people who do things.
- cal5k 16y ago
  Great for entrepreneurs, but eventually it will be the relatively unsophisticated angels who will get burned by these valuations. I have no problem with that, really. In 2001 it was different - everyone was playing with public money through IPOs. Now only a few quite established companies can afford to go public. Don't be mistaken, though - this will turn into a bubble, whether you wax romantic about "entrepreneurs just do it!" or not. It always happens - it will happen again, life will go on, but it will happen.
- rgrieselhuber 16y ago
  Adding that to my list of favorite quotes.
Mz 16y ago
I don't think you will have to wait long to hear that (or something akin to it): http://news.ycombinator.com/item?id=2154902 http://news.ycombinator.com/item?id=2154902
spreety 16y ago
http://www.spreety.com/ http://www.spreety.com/ - The television guide for free tv online, free movies online, news, sports, music and more.
- spreety 16y ago
  <a href="http://www.spreety.com/>Free http://www.spreety.com/>Free Tv Shows</a> - The television guide for free tv online, free movies online, news, sports, music and more.

Not really, I think most of here would assume YC would in the next few years produce a solid return. Here your basically aligning youself to YC's performance instead of trying to pick which ones you think will turn out the best. Although sounds like they are still doing that additionally.

deleted 16y ago
[deleted]
daniel_levine 16y ago
absolutely not. YC is getting their percentage at valuations of around 200-300k. This investment will convert at valuations closer to 5M these days. So in fact they're effectively paying 10x what YC is paying for about the same stake in a company post the financing. Congrats to YC and time will tell if it works, exciting either way.
ebaysucks 16y ago
Performance is only the nominator of what defines return. The denominator is the investment valuation, which is significantly different for YC and DST.

peteforde 16y ago

There's only two types of people in the world: people who chant things and people who do things.

cal5k 16y ago
Great for entrepreneurs, but eventually it will be the relatively unsophisticated angels who will get burned by these valuations. I have no problem with that, really. In 2001 it was different - everyone was playing with public money through IPOs. Now only a few quite established companies can afford to go public. Don't be mistaken, though - this will turn into a bubble, whether you wax romantic about "entrepreneurs just do it!" or not. It always happens - it will happen again, life will go on, but it will happen.
rgrieselhuber 16y ago
Adding that to my list of favorite quotes.

Mz 16y ago

I don't think you will have to wait long to hear that (or something akin to it): http://news.ycombinator.com/item?id=2154902 http://news.ycombinator.com/item?id=2154902

spreety 16y ago

http://www.spreety.com/ http://www.spreety.com/ - The television guide for free tv online, free movies online, news, sports, music and more.

spreety 16y ago
<a href="http://www.spreety.com/>Free http://www.spreety.com/>Free Tv Shows</a> - The television guide for free tv online, free movies online, news, sports, music and more.