Ah, thank you. Beta is a coefficient of index performance, not just a measure of more or less correlation. So high beta would mean that when the startup market

Ah, thank you. Beta is a coefficient of index performance, not just a measure of more or less correlation. So high beta would mean that when the startup market does well you do awesome. You'd also tank when there's a bust, but because YC's downside is so limited this is irrelevant.