3 ms·
6% is undiluted, you have to assume YC has been diluted quite a bit during fundraising. But even assuming a more realistic 3%, those are great returns.
by emmett 15y ago
6% is undiluted, you have to assume YC has been diluted quite a bit during fundraising. But even assuming a more realistic 3%, those are great returns.
- seats 15y agoAlso, remember this is a power law distribution. So talking about an average amount of dilution is probably risky. The dilution on the single largest exit is going to move the needle the most.