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To support the statement that Series A is much harder: only ~30% of YC companies get to Series A (Michael Seibel gave that figure in one interview). So even wit
by e1g 6y ago
To support the statement that Series A is much harder: only ~30% of YC companies get to Series A (Michael Seibel gave that figure in one interview). So even with YC backing, 2/3rds of funded seed-level startups either quit, die, merge, or get hired rather than take-off.
- an_opabinia 6y agoOr merely that YC still manages to take some risks.
- deleted 6y ago[deleted]
- bignoggins 6y agoThat is astonishingly high to me. Most YC companies raise a seed so a 1/3 chance to raise an A is insanely good